Flooding is one of the most frequent and destructive natural disasters worldwide, with intensifying socioeconomic and environmental consequences linked to rapid urbanisation and climate change. This review examines flood risk delineation and assessment in Nigeria within a broader Global South perspective, synthesising evidence from peer-reviewed studies that employ remote sensing, GIS-based techniques, and multi-criteria decision analysis. The analysis reveals persistent challenges that undermine effective flood risk management, including incompatible datasets, limited stakeholder participation, and inadequate integration with formal planning systems. To address these gaps, the study introduces the GIS-Integrated Flood Risk Management (GIFRM) Framework, a conceptual model that integrates high-resolution risk mapping, adaptive infrastructure design, sustainable urban planning, and participatory governance. GIFRM advances resilience discourse beyond hazard mapping, offering a practical bridge between science, policy, and implementation by aligning technical geospatial analysis with actionable planning solutions. Comparative case insights from flood-prone countries such as Bangladesh, India, and Kenya highlight transferable strategies, including community-led data integration, modular infrastructure approaches, and localised zoning reforms. The review concludes by critically examining the operational disconnect between advanced geospatial risk assessment and its application in resource-limited, rapidly urbanising settings. It reframes flood risk assessment as an interdisciplinary planning tool with global relevance, delivering lessons for disaster preparedness, urban sustainability, and climate resilience. In the face of escalating hydrometeorological extremes, this research offers applied strategies for embedding GIS technologies into adaptive policy frameworks, positioning flood risk management as a core driver of sustainable development.

Flooding poses a significant threat to commercial real estate investment, disrupting business operations, escalating maintenance costs, and heightening investment uncertainty, particularly in coastal and low-lying urban environments. This study examines the social dimensions of climate vulnerability by investigating how flood risk shapes stakeholders’ decisions to invest in commercial properties within flood-prone urban areas, with a focus on Lekki Phase 1, Lagos, Nigeria. A quantitative survey design was adopted. Data were collected from 87 commercial property investors through a structured questionnaire (FIIFRZQ) measured on a four-point Likert-type scale. The instrument demonstrated acceptable overall internal consistency (Cronbach’s α = 0.72), with subscale α values ranging from 0.62 to 0.81. Multiple regression analysis was used to assess the joint and individual contributions of seven factor categories (environmental, legal, economic, neighbourhood, structural, locational and behavioural) to investors’ willingness to invest in commercial property that is at risk of flooding. The seven predictors collectively explained 61.2% of the variance in investment willingness (R² = 0.612; F(7, 79) = 17.91; p < 0.001). Five factors, namely legal, environmental, structural, economic, and locational, were statistically significant contributors to investment willingness, while neighbourhood and behavioural factors were not. Johnson’s relative weights analysis confirmed legal and environmental considerations as the dominant drivers. The findings illuminate the interplay between climate vulnerability and investor behaviour in urban real estate markets, with actionable implications for policymakers, real estate practitioners, and investors navigating decision-making in flood-exposed urban environments.