The interplay between property law and copyright is not in doubt. The margin is not so wide that a connection cannot be established. More so, in recent times more than ever, there arises a need to establish on many levels the manifestation of ownership principles in property law in the light of eligible subject matters in copyright. This article is aimed at examining the ownership principles in property law while closely examining copyright as a property and the connection property law has with copyright laws. This endeavour focuses on the different kinds of properties and the sources of laws applicable to property laws in Nigeria while shedding light on the eligible subject matters in copyright ranging from literary works, artistic works, musical works, etc. This article will help broaden the readers' knowledge of the ownership principles in property law and copyright law. Understanding this interplay will aid clarity on the two subjects and help identify the challenges and loopholes found in our laws as regards ownership in copyright.