
Good morning,
Today’s update brings together the key developments influencing housing decisions across the country, alongside broader policy signals worth watching.
We appreciate you starting your day with us. We hope this edition offers perspective and focus.
Diaspora Demand Triggers Structural Shifts in Nigeria’s Real Estate Product Mix
The persistent influx of capital from Nigerians in the diaspora is fundamentally altering the types of real estate products entering the domestic market. Driven by the devaluation of the Naira and a strategic move toward wealth preservation, this demographic has transitioned from occasional buyers to a dominant force influencing architectural standards, facility management, and payment structures in major urban centres.
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Secured Land Tenure: A Critical Determinant for Investor Access to Bank Credit
The legal framework governing land tenure remains a primary barrier to credit expansion within Nigeria’s real estate sector. In the current financial climate, commercial banks and mortgage institutions treat verifiable land titles as the non negotiable anchor for collateralised lending. Consequently, the inability of investors to perfect land titles effectively excludes a vast portion of real estate assets from the formal credit market.
3 Tricks Billionaires Use to Help Protect Wealth Through Shaky Markets
“If I hear bad news about the stock market one more time, I’m gonna be sick.”
We get it. Investors are rattled, costs keep rising, and the world keeps getting weirder.
So, who’s better at handling their money than the uber-rich?
Have 3 long-term investing tips UBS (Swiss bank) shared for shaky times:
Hold extra cash for expenses and buying cheap if markets fall.
Diversify outside stocks (Gold, real estate, etc.).
Hold a slice of wealth in alternatives that tend not to move with equities.
The catch? Most alternatives aren’t open to everyday investors
That’s why Masterworks exists: 70,000+ members invest in shares of something that’s appreciated more overall than the S&P 500 over 30 years without moving in lockstep with it.*
Contemporary and post war art by legends like Banksy, Basquiat, and more.
Sounds crazy, but it’s real. One way to help reclaim control this week:
*Past performance is not indicative of future returns. Investing involves risk. Reg A disclosures: masterworks.com/cd
Infinity Trust Mortgage Bank Records N3.02 Billion Pre-Tax Profit For 2025 Financial Year
Infinity Trust Mortgage Bank (ITMB) Plc has announced a profit before tax of N3.02 billion for the full year ended 31 December 2025. This figure represents a 113.3% increase compared to the N1.41 billion recorded in the 2024 financial year, reflecting a period of significant fiscal expansion for the mortgage lender.
According to the unaudited financial statements released to the Nigerian Exchange Group (NGX), the bank’s performance was driven largely by a substantial rise in interest income and the strategic management of its loan portfolio. The results underscore a resilient growth trajectory despite the prevailing macroeconomic headwinds in the Nigerian financial services sector.
AGF Takes Over Prosecution of Mike Ozekhome in Forgery Case Linked to London Property
The Attorney General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi, SAN, has formally assumed control of the criminal prosecution of Senior Advocate of Nigeria (SAN), Chief Mike Ozekhome. The development occurred during proceedings at the High Court of the Federal Capital Territory (FCT) in Abuja, leading to the adjournment of the planned arraignment to 24 February 2026.
What Will Your Retirement Look Like?
Planning for retirement raises many questions. Have you considered how much it will cost, and how you’ll generate the income you’ll need to pay for it? For many, these questions can feel overwhelming, but answering them is a crucial step forward for a comfortable future.
Start by understanding your goals, estimating your expenses and identifying potential income streams. The Definitive Guide to Retirement Income can help you navigate these essential questions. If you have $1,000,000 or more saved for retirement, download your free guide today to learn how to build a clear and effective retirement income plan. Discover ways to align your portfolio with your long-term goals, so you can reach the future you deserve.
Lagos Urban Renewal: Thousands Displaced at ongoing Eviction in Makoko and Owode Onirin
More than 10,000 residents and traders across Makoko, Owode Onirin, and several waterfront communities in Lagos State have been displaced following a series of forceful evictions initiated under the government’s "urban renewal" agenda. Since 23 December 2025, demolition exercises have resulted in the destruction of over 3,000 homes and business structures, sparking a humanitarian crisis and intense debate over the state's urban planning priorities.
USD > NGN | 1,475.19 | Up by 0.30% |
GDP > NGN | 2,036.65 | Down by 0.11% |
EUR > NGN | 1,770.75 | Down by 0.15% |
CAD > NGN | 1,084.02 | Down by 0.03% |
NDIC and EFCC Strengthen Collaboration on Asset Recovery and Financial Crimes
The Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) have formalised a strategic partnership aimed at enhancing asset recovery and the prosecution of financial malpractices within the banking sector. This collaboration, reaffirmed during a high-level meeting in January 2026, seeks to protect depositors’ funds and maintain the stability of the Nigerian financial system through rigorous enforcement and recovery mechanisms.
Quote of the day:
“Clarity beats urgency when the stakes are high.”
Produced by: Amarachi Okeke
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