Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports

    June 27, 2026

    Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100

    June 27, 2026

    GCR Upgrades FCMB Ratings to A/AI, Outlook Stable

    June 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports
    • Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100
    • GCR Upgrades FCMB Ratings to A/AI, Outlook Stable
    • Burkina Faso Gets Additional Loan Approval from IMF
    • SMEDAN Launches N500m Zero-Interest Grow Fund for MSMEs
    • NCC Seeks Presidential Backing for Local Smartphone Factories
    • Investors Lose N983bn in Nigerian Stock Market
    • BTC, ETH, XRP Rise as Crypto Market Stages Recovery
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, June 27
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Ebonyi Govt Bans House and Land Agents to Curb Exploitation

    Ebonyi Govt Bans House and Land Agents to Curb Exploitation

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiSeptember 4, 2025 News No Comments2 Mins Read
    Ebonyi Govt Bans House and Land Agents to Curb Exploitation
    Francis Ogbonna Nwaifuru, Ebonyi State Governor
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Ebonyi Govt Bans House and Land Agents to Curb Exploitation

    The Ebonyi State Government has announced a ban on house and land agents, effective January 1, 2026, in a bid to curb soaring rents and protect residents from exploitation. According to Governor Francis Ogbonna Nwifuru, the decision is aimed at stopping agents from charging exorbitant fees, sometimes as high as ₦500,000, for properties they don’t even own.

    “I don’t want to see or hear anything about house or land agents in Ebonyi State from 2026,” Governor Nwifuru declared. “This exploitation must stop. No agent should collect any money from anyone seeking accommodation again,” he emphasized, as quoted in Nation’s Curiosity and 9News Nigeria.

    The governor stated that the ban is designed to reduce the cost of housing and shops, ensure fairer access to accommodation, and promote transparency in housing transactions. The government plans to introduce new systems to regulate direct transactions between property owners and tenants

    The move has received mixed reactions, with some residents welcoming it as a bold step towards making housing more affordable, while others have raised questions about its potential impact on the real estate sector. According to reports by AMC News24 and Standard Post, the ban aligns with ongoing efforts by the Ebonyi State House of Assembly to regulate landlords and housing practices, aiming to ease the burden on low- and middle-income earners struggling with high accommodation costs. #Ebonyi Govt Bans House and Land Agents to Curb Exploitation#


    Naira Strengthens to N1521/$ on Robust U.S. Dollar Supply

    Ebonyi Govt
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports

    Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100

    GCR Upgrades FCMB Ratings to A/AI, Outlook Stable

    Burkina Faso Gets Additional Loan Approval from IMF

    SMEDAN Launches N500m Zero-Interest Grow Fund for MSMEs

    NCC Seeks Presidential Backing for Local Smartphone Factories

    Add A Comment

    Comments are closed.

    Editors Picks

    Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports

    June 27, 2026

    Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100

    June 27, 2026

    GCR Upgrades FCMB Ratings to A/AI, Outlook Stable

    June 27, 2026

    Burkina Faso Gets Additional Loan Approval from IMF

    June 27, 2026

    SMEDAN Launches N500m Zero-Interest Grow Fund for MSMEs

    June 27, 2026
    Latest Posts

    Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports

    June 27, 2026

    Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100

    June 27, 2026

    GCR Upgrades FCMB Ratings to A/AI, Outlook Stable

    June 27, 2026

    Burkina Faso Gets Additional Loan Approval from IMF

    June 27, 2026

    SMEDAN Launches N500m Zero-Interest Grow Fund for MSMEs

    June 27, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.