Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut

    July 5, 2026

    CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated

    July 5, 2026

    Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital

    July 5, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut
    • CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated
    • Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital
    • Investors Lose N1.80trn as Bear Run Hammers NGX Index
    • XRP Extends 7-Day Gains, Price Rises to $1.18
    • Cryptocurrencies Rally as U.S. M2 Money Supply Tops $23trn
    • Revolut to Delist USDT in Europe Ahead of MiCA Regulation
    • Ecobank Nigeria Wins Deutsche Bank’s Client Excellence Award
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, July 5
    • 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

    Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut

    CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated

    Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital

    Investors Lose N1.80trn as Bear Run Hammers NGX Index

    XRP Extends 7-Day Gains, Price Rises to $1.18

    Cryptocurrencies Rally as U.S. M2 Money Supply Tops $23trn

    Add A Comment

    Comments are closed.

    Editors Picks

    Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut

    July 5, 2026

    CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated

    July 5, 2026

    Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital

    July 5, 2026

    Investors Lose N1.80trn as Bear Run Hammers NGX Index

    July 5, 2026

    XRP Extends 7-Day Gains, Price Rises to $1.18

    July 5, 2026
    Latest Posts

    Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut

    July 5, 2026

    CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated

    July 5, 2026

    Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital

    July 5, 2026

    Investors Lose N1.80trn as Bear Run Hammers NGX Index

    July 5, 2026

    XRP Extends 7-Day Gains, Price Rises to $1.18

    July 5, 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.