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The Performance Bond stands as a critical instrument in managing construction and high-stakes contractual risk, serving not merely as supplementary documentation but as a robust guarantee...

The Lagos State Building Control Agency (LASBCA) has begun mass-issuing "Request for Documents" notices to property owners in Lagos State.

By the time the WHO upgraded the status of the novel Coronavirus Disease (officially known as COVID-19) outbreak from an epidemic to a global pandemic on 11th March, 2020, the virus had already travelled beyond Wuhan, China, ...

As a developing country, Nigeria's real estate sector is evolving at a tremendous pace. Governments at all levels are more aware of the role of real estate development on the growth of their respective territories.

A Construction Contract like every other contract spells out the terms upon which the parties bind themselves before, during and after a construction work.

The Lagos State Urban and Regional Planning and Development Law, 2019 (the "Law") and the regulations made thereunder, prohibit the commencement of construction works...

Construction liens are legal claims for money expended or unpaid compensation filed by a contractor or other professional on a building or design.

The Enabling Business Environment Secretariat, under the aegis of the Presidential Enabling Business Environment Council, recently organized a stakeholders meeting to sensitize the public...

As a developing country, Nigeria's real estate sector ("the sector") is evolving at a tremendous pace.

In a breach of contract claim, damages fall into two broad categories: general and special. While general damages are presumed to flow naturally from the breach...

On 4 August 2025, the Lagos State Government, through the Ministry of Physical Planning and Urban Development ("the Ministry"), issued a list comprising one hundred and seventy-six (176) illegal estates...

On April 7, 2025, the Lagos State Government ("LASG"), through its Ministry of Physical Planning and Urban Development (the "Ministry"), issued a public notice (the "Public Notice")...

In Construction, the Employer may nominate a Subcontractor to carry out some Works. In such instance, the Employer would negotiate price with the appointed Subcontractor and direct the Main contractor...

In Lagos today, it is common to see half-finished or finished buildings marked with red paint warnings or clear signs that a project has violated planning or building regulations.

The Lagos Tenancy Bill 2025 was one of the most significant announcements made on 10 July 2026 at the Real Estate Business Forum co-hosted by Olisa Agbakoba Legal (OAL), Penuel Prime...

With a population of 160 million, an expanding middle class, an active and increasingly sophisticated banking sector and consistent GDP growth of more than 6%, the Nigerian economy is expected to replace South Africa as Africa’s largest economy by the end of the decade.

Buying property is one of the important steps most people wish to take at one point in life. There is some information to know before buying land in Nigeria.