ILLEGAL OCCUPATION OF PROPERTY Section 4 of the new Law provides that a person who is occupying a property as an encroacher and fails to leave the property on being required to do so by or on behalf of the owner of the property commits an offence and on conviction shall be liable to a fine not exceeding five million naira or five years imprisonment or both. The Law extends the meaning of property to include ‘a reference to an access to the property, whether or not any such access itself...

If you have lived in rented properties for some time in Nigeria, you know that it’s pretty difficult dealing with some landlords. As most tenants breathe a sigh of relief just because the landlord has agreed to let them in, they do not bother to enquire about many things or do not have the courage to do so as they do not want to offend the landlord. Here are 5 things landlords in Nigeria might hide from their tenants. NEIGHBOURS CAN CREATE PROBLEMS FOR YOU No landlord will ever tell you the...

Lagos is not the capital of Nigeria (it is Abuja). But it is still the most important city in this African country of 150 million people. Lagos still remains the commercial capital of Nigeria with all major industries operating from there. Nearly 15 million people live in this city where real estate prices are touching the sky. Here are 5 facts about real estate in Lagos that will amaze you. HIGHER RENT THAN LOS ANGELES AND NYC Rent for a 3 bedroom apartment in some areas in Lagos can go up...