Land in the North-West sub-zone of Victoria Island, Lagos is now commanding an average price of approximately ₦1.96 million per square metre, according to recent research by property analytics firm Estate Intel. This trend reflects heightened demand from developers and investors amid a broader upsurge in luxury and deluxe residential construction across the district.

The WSJ just reported the highest price ever paid for modern art at auction.

While equities, gold, bitcoin hover near highs, the art market is showing signs of early recovery after one of the longest downturns since the 1990s.

Here’s where it gets interesting→

Each investing environment is unique, but after the dot com crash, contemporary and post-war art grew ~24% a year for a decade, and after 2008, it grew ~11% annually for 12 years.*

Overall, the segment has outpaced the S&P by 15 percent with near-zero correlation from 1995 to 2025.

Now, Masterworks lets you invest in shares of artworks featuring legends like Banksy, Basquiat, and Picasso. Since 2019, investors have deployed $1.25 billion across 500+ artworks.

Masterworks has sold 25 works with net annualized returns like 14.6%, 17.6%, and 17.8%.

Shares can sell quickly, but my subscribers skip the waitlist:

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_{*Per Masterworks data. Investing involves risk. Past performance not indicative of future returns. Important Reg A disclosures: masterworks.com/cd}

The Federal Government has intensified efforts to fast-track the completion of a 1,550-unit Nigerian Army housing project in Abuja’s Federal Capital Territory (FCT), directing accelerated delivery within the next two to three months, as part of its broader welfare and security support agenda.

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A growing number of Akwa Ibom State Government residents based in Abuja have voiced strong support for Governor Umo Eno’s proposal to acquire land in the Federal Capital Territory (FCT) for development of a housing estate tailored to the Akwa Ibom community and investors. The endorsement reflects community interest in securing long-term accommodation and mobilising investment opportunities beyond state boundaries.

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A significant fire broke out at the old terminal of Murtala Muhammed International Airport (MMIA) in Lagos on Monday afternoon, prompting a major emergency response by aviation and fire authorities. The Federal Airports Authority of Nigeria (FAAN) confirmed that all 14 persons initially trapped during the incident were successfully rescued, and that a structural integrity evaluation of the affected building will soon be undertaken.

The Lagos State Government has approved a 13% increase in fares for Bus Rapid Transit (BRT) and Bus Reform Initiative (BRI) services, effective March 2, 2026. The adjustment affects commuters across Lagos and reflects rising operational and maintenance costs within the state’s public transport system.

_{^{Produced by: Amarachi Okeke}}