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Home / Category: Government & Policy Updates

Category: Government & Policy Updates

CBN MPR July 2026 Government & Policy Updates · 2 days ago

CBN MPR July 2026 Decision – Impact on Mortgage Rates Real Estate

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR) at… By Mercy
modular housing tax incentives 2026 Government & Policy Updates · 2 weeks ago

Tax Incentives Modular Housing Manufacturers Nigeria 2026–2029

The Federal Government, through the Nigerian Investment Promotion Commission (NIPC), has extended pioneer status incentives for companies involved in the manufacturing of… By Mercy
Lagos Land Use Charge 2027 Government & Policy Updates · 2 weeks ago

Lagos Land Use Charge 2027 Bills – Payment Strategies & Exemptions

The Lagos State Government has begun rolling out the 2027 Land Use Charge (LUC) bills to property owners. This annual levy remains… By Mercy
CBN MPR July 2026 Government & Policy Updates · 3 weeks ago

CBN MPR July 2026 Decision – Impact on Mortgage Rates & Real Estate Nigeria

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria held the Monetary Policy Rate (MPR) steady at 26.50% during its… By Mercy
Renewed Hope Housing Programme 2026 Government & Policy Updates · 2 months ago

Renewed Hope Housing Programme ₦15M Interest-Free Loans Civil Servants 2026

The Federal Government has expanded the Renewed Hope Housing Programme in 2026 with a new ₦15 million interest-free loan window targeted specifically… By Mercy
Lagos State Estate Development Guidelines 2026 Government & Policy Updates · 2 months ago

Lagos State New Estate Development Guidelines 2026 – Key Changes

Lagos State Government has released updated Estate Development Guidelines that will take effect from June 1, 2026. The new rules introduce stricter… By Mercy
Lagos Land Use Charge 2027 Government & Policy Updates · 2 months ago

Lagos State Increases Land Use Charge 18% 2027 Early Payment Discount

Lagos State has officially announced an 18% increase in the Land Use Charge (LUC) for the 2027 assessment year, while extending the… By Mercy
housing development levy high-end properties 2026 Government & Policy Updates · 2 months ago

Federal Government Housing Development Levy High-End Properties 2026

The Federal Government has introduced a new Housing Development Levy on luxury and high-end residential properties valued above ₦250 million, effective from… By Mercy
diaspora housing support programme 2026 Government & Policy Updates · 2 months ago

NiDCOM FMBN Enhanced Diaspora Housing Support Programme 2026

The Nigerians in Diaspora Commission (NiDCOM) and the Federal Mortgage Bank of Nigeria (FMBN) have jointly launched an Enhanced Diaspora Housing Support… By Mercy
tax incentives real estate developers 2028 Government & Policy Updates · 3 months ago

Federal Government Extends Tax Incentives Real Estate Developers Until 2028

The Federal Government has announced the extension of key tax incentives for real estate developers until December 2028. This includes Pioneer Status… By Mercy
Lagos online building permit system 2026 Government & Policy Updates · 3 months ago

Lagos State Launches Online Building Permit System 2026

Lagos State has rolled out a new fully digital Building Permit System in April 2026, significantly cutting approval time from the previous… By Mercy
CBN MPR cut 25.25% 2026 Government & Policy Updates · 3 months ago

CBN Cuts MPR to 25.25% April 2026 Third Reduction Mortgage Impact

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by another 50 basis points to 25.25% during its… By Mercy
Ogun State digital building permit system 2026 Government & Policy Updates · 4 months ago

Ogun State Digital Building Permit System 21 Days Approval 2026

Ogun State has launched a new fully digital building permit system effective April 2026, dramatically reducing approval time from the previous 3–6… By Mercy
PSI tax holiday modular housing 2029 Government & Policy Updates · 4 months ago

Federal Government Extends PSI Tax Holiday Modular Prefab Housing Manufacturers Until 2029

The Federal Government has extended the Pioneer Status Incentive (PSI) tax holiday for companies manufacturing modular and prefabricated housing components until December… By Mercy
FMBN Renewed Hope mortgage rate 2026 Government & Policy Updates · 4 months ago

FMBN Renewed Hope Mortgage Rate 8.5% Fixed March 2026 Eligibility & Impact

The Federal Mortgage Bank of Nigeria (FMBN) has officially reduced the interest rate on its Renewed Hope Cities/NHF mortgage scheme to 8.5%… By Mercy
diaspora housing incentive 2026 Government & Policy Updates · 4 months ago

Diaspora Housing Incentive Extended to 2028 | NREB

Key Takeaways Extension: Diaspora Housing Incentive Scheme extended to December 2028 with new tax breaks up to 15% on property purchases &… By Mercy
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