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The Nigeria Real Estate Investment Trust (NREIT) has launched a ₦30.4 billion Series 6 Offer to expand its portfolio of income-generating real estate assets, reinforcing its position as the country's largest real estate investment trust. The fundraising exercise, managed by Chapel Hill Denham Management Limited, forms part of NREIT's broader ₦400 billion Issuance Programme and is designed to finance the acquisition of additional commercial property assets across its investment pipeline.

Investors seeking the highest rental returns in Lagos may need to rethink long-standing assumptions about the city's premium property market. New residential market data show that while Ikoyi remains one of Nigeria's most expensive neighbourhoods, it delivers lower rental yields than several locations within the Lekki corridor, underscoring the importance of income performance over property prestige. The findings, based on research compiled by Stears and supported by recent market reports, indicate that investors focusing solely on high-value assets may overlook stronger income-generating opportunities elsewhere on Lagos Island.

The Federal Government has announced plans to strengthen engineering regulation and impose stricter sanctions on unqualified practitioners as part of broader efforts to reduce infrastructure failures and improve public safety. President Bola Tinubu, represented by the Minister of Works, David Umahi, said stronger oversight and enforcement are essential to protecting lives, safeguarding public investment and restoring confidence in Nigeria's infrastructure delivery. The directive was delivered at the 34th Engineering Assembly of the Council for the Regulation of Engineering in Nigeria (COREN) in Abuja.

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Nigeria's gross external reserves have risen to $51.86 billion, marking the country's strongest reserve position since 2009 and reinforcing recent improvements in its external financial position. According to Central Bank of Nigeria (CBN) data reported by Nairametrics, the increase reflects sustained foreign exchange inflows, improved reserve management and the impact of ongoing economic reforms aimed at strengthening market confidence.

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A Federal Capital Territory (FCT) High Court in Abuja has ordered the final forfeiture of assets worth more than ₦8.9 billion linked to businesswoman Aisha Achimugu to the Federal Government. The ruling followed an application by the Economic and Financial Crimes Commission (EFCC), which argued that the assets were connected to proceeds of unlawful activities.

The Federal Airports Authority of Nigeria (FAAN) has introduced a biometric facial recognition system known as V-Pass across domestic airports under its management, marking a significant step in the country's efforts to modernise airport operations and strengthen aviation security. The system enables passengers to verify their identity through facial recognition after completing a one-time enrolment, reducing reliance on physical identification documents and manual verification processes.