About
Why NoBroker Nigeria exists.
In 2023, I moved into a 2-bedroom flat in Lekki Phase 1. The annual rent was ₦2.8M. By the time I got the keys, I had paid another ₦420,000 in broker, agency, and legal fees - to three different people, none of whom had ever set foot in the apartment before me. One agent spelled the street name wrong on the tenancy agreement.
That's the Lagos rental market. Tenants pay 10% agency fees and another 5–10% in legal fees on top of rent, caution deposits, and service charges. Viewing fees still exist in some pockets. The agents who collect these fees often haven't seen the property, and a meaningful share of listings are stale, fake, or already rented.
NoBroker Nigeria is a trust platform for rentals. Every landlord completes KYC (NIN + BVN + phone OTP) and uploads their property documents before they can list. We review each submission against Lagos State registries and the CAC for agency accounts. Flagged listings get re-reviewed within 24 hours.
Tenants and landlords chat directly in-app. We don't take a cut when a tenant moves in. Our revenue comes from optional listing tiers and our Property Management product. The agent fee line on every cost breakdown is, and always will be, ₦0.
We're a small team in Lagos. If the scam tax on Nigerian renting bothers you too, we'd love to hear from you.
Victor Okafor
Founder · Lagos, 2025