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Saturday, August 8, 2020

NSE Set to Host Inaugural Real Estate Investment Trust Conference

The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce that it will host the maiden edition of its Real Estate Investment (REIT) Conference on Tuesday May 23, 2017 at the NSE Event Centre,Stock Exchange House 2/4, Customs Street, Marina,...

How To Unlock The Potentials Of Nigeria’s Housing Sector – Fashola

“My Thoughts On How To Unlock The Potentials Of The Housing Sector” Being The Text Of The Keynote Speech Delivered By The Honourable Minister Of Power, Works And Housing, Mr Babatunde Raji Fashola, San At The Nigerian Stock Exchange (Nse) Sub-Saharan Africa Real Estate...

PFAs invest N216.8bn in real estate

The Pension Fund Administrators have invested a total of N216.8bn of the increasing funds under the Contributory Pension Scheme in real estate. Latest figures obtained from the National Pension Commission indicate that this amount represents 3.4 per cent of the total N6.2tn assets under the...

13 states to copy new mortgage law

August 20, 2018 Following calls for the government to simplify the process of homeownership, more states are taking steps to reform mortgage and land administration, MAUREEN IHUA-MADUENYI writes To make access to land, housing and mortgage less cumbersome for their indigenes, about 13 states are expected...

Banks credit to property market hits N3.12 trillion as Experts say Nigeria’s housing deficit is over 17 million

Mortgage and commercial banks’ lending to the real estate sector has continued a steady growth in the last three years despite the downturn in the economy, a sectorial breakdown of banks’ credit to the private sector has shown. Banking credit to private sector data sourced...

World Habitat Day: Ambode Reiterates Commitment To Improve Access Of Residents To Affordable Housing

As the 2017 World Habitat Day is being observed across the world, Lagos State Governor, Mr. Akinwunmi Ambode on Monday has reiterated the commitment of his administration towards improvement of access of residents to affordable housing across the state. Speaking at the celebration...

With N5,000 any Nigerian can own shares in REIT companies – Etoniru

Managing Partner of a leading real estate firm, Joe Etoniru and Associates, Mr. Chidi Etoniru, has said the Real Estate Investment Trust,REIT, offers an alternative way to invest in property. He explained that REIT does not just owns property, but manages property on behalf...

Nigeria needs N3.65 trillion to increase housing stock by 730,000 units annually

Former Managing Director of the Nigeria Mortgage Refinance Company, Professor Charles Inyangete, has disclosed that to forestall a housing crisis in the country in the next couple of years, Nigeria would require N3.65 trillion to increase housing stock by 730,000 units annually. Speaking at a...

Homeowners’ charter: Ogun to give 1000 CofO to beneficiaries

The Ogun State Government will be presenting 1000 Certificates of Occupancy and other title documents to another batch of beneficiaries under the Homeowners’ Charter Programme conceived by the administration of Senator Ibikunle Amosun. The Director-General, Bureau of Lands and Survey, Mr. Biyi Ismail, in a...

Nigerian real estate sector seen turning corner as country’s economy exit recession

  Nigeria has faced strong headwinds in the past two years however, the currency uncertainty and falling oil price and production that have weighed heavily on consumer confidence are giving way Lagos Nigeria, September 12, 2017/ -- The Nigerian real estate sector is turning the corner...
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