Real Estate Holds 13.10% of Nigeria’s GDP, Says Knight Frank H1 2026 Report

THISDAYLIVE | 19-10-2026 01:17pm |

A Knight Frank Nigeria report states that real estate contributed 13.10 per cent to Nigeria's real Gross Domestic Product in the first half of 2026. The Lagos Market Update H1 2026 showed real GDP grew by 3.89 per cent in the first quarter, construction expanded by 6.38 per cent, and headline inflation eased to 15.91 per cent in June. The report also noted that the naira held between N1,360 and N1,380 per dollar while external reserves rose above $51 billion.

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