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Investors see ANOTHER return from Masterworks (!!!!)

That’s 6 sales in 7 months. 29 all time. And the performance?

16.5%, 17.6%, and 17.8%, net annualized returns on sold works held longer than one year (See all 29 at Masterworks.com)

It’s not from stocks, private equity, or real estate… it’s from contemporary and post war art. Crazy, right?

With Masterworks, you don’t need to be a BILLIONAIRE to invest in multi-million dollar art anymore.

Historically, the segment overall has had attractive appreciation and low correlation to stocks.*

Masterworks targets works featuring legends like Banksy, Basquiat, and Picasso, identifying what they believe to have significant long-term appreciation potential, not just at the artist level but at the level of individual artworks.

As one of the largest players in the art market, with $1.3 billion invested over 500 artworks, they pass critical advantages through to their 70,000+ members to add art to their portfolios strategically.

Looking to diversify your investments in 2026?

*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.

Good Morning,

The Lagos State Building Control Agency (LASBCA) has identified 27,000 cases of building code violations across various communities in Lagos State. The findings highlight ongoing challenges with regulatory compliance in the state’s rapidly expanding urban environment, as authorities intensify efforts to enforce planning standards and ensure safer construction practices.

LASBCA Reports 27,000 Building Violations Across Lagos Communities

The Lagos State Government has disclosed that more than 27,000 building violations were recorded across the state between 2023 and 2026 as authorities intensify enforcement against illegal developments and unsafe construction practices. The figure was revealed by the General Manager of the Lagos State Building Control Agency (LASBCA), Gbolahan Oki, during a ministerial press briefing marking the second year of Governor Babajide Sanwo-Olu’s second-term administration. According to Oki, the violations were identified during routine monitoring, compliance inspections, and enforcement operations conducted across Lagos communities.

Federal Government Faces Transparency Questions Over $460m Abuja CCTV Contract

The Federal Government has disclosed that it does not possess detailed records identifying local contractors involved in the $460 million Abuja CCTV project, a development that has intensified scrutiny over transparency and accountability in one of Nigeria’s largest public security infrastructure initiatives.

FHA Targets FESTAC Revival as Affordable Housing Push Expands Nationwide

The Federal Housing Authority (FHA) has announced renewed efforts to restore FESTAC Town and expand affordable housing delivery across Nigeria as part of the Federal Government’s broader housing and urban development agenda. The Managing Director and Chief Executive Officer of the FHA, Oyetunde Oladimeji Ojo, said the agency is repositioning itself to address Nigeria’s housing deficit through infrastructure rehabilitation, strategic partnerships with state governments and increased access to home ownership under the Renewed Hope initiative.

Lagos GIS Mapping, House Numbering to Boost Proptech Adoption - Igbinoba

Real estate experts say Lagos State’s Geographic Information System (GIS) mapping and digital house numbering initiative could significantly accelerate property technology (proptech) adoption while improving transparency, urban planning, and property market efficiency. The position was highlighted by the Chairman of the Association of Property Investment and Commission Agents of Nigeria (APICAN), Dr Stephen Igbinoba, during discussions on the growing role of digital infrastructure within Nigeria’s real estate sector. According to Igbinoba, accurate GIS mapping and structured digital property identification systems are becoming increasingly essential

Oyo State Begins Compensation Payments for Property Owners Affected by Road Expansion

The Oyo State Government has commenced compensation payments to property owners affected by ongoing road expansion and reconstruction projects across Ibadan, as the administration intensifies its infrastructure and urban renewal agenda. The compensation exercise covers residents and landowners impacted by the expansion of the Ojoo Interchange IITA Moniya Junction Akinyele Interchange corridor, including adjoining routes connected to the New Oyo Expressway. State officials said the initiative reflects the government’s commitment to balancing infrastructure development with social responsibility and property rights.

Quote of the day:


“Progress begins the moment systems replace shortcuts, and accountability becomes the standard.”

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