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Lagos, South Africa and New York
Wednesday, June 3, 2020

FMBN disburses N72.5bn mortgage loans in 25 years

As mortgage loans to homeowners under the National Housing Fund scheme rise, experts are of the opinion that a lot more needs to be done, MAUREEN IHUA-MADUENYI writes Loan disbursement to homeowners under the National Housing Fund being administered by the Federal Mortgage Bank of...

With Nigeria’s rising population, N3.5 trln is needed to build 700,000 housing units annually

With Nigeria's rising population, N3.5trillion is needed to build 700,000 housing units on a yearly basis for her teeming population. But this target has become difficult to attain as a result of the on-going economic challenges facing the nation, Managing Director of the Nigeria...

Nigeria unveils World Bank’s $300 million loan for new housing scheme

The Federal Government of Nigeria has unveiled a $300 million World Bank loan facility to support National Housing Finance Programme (NHFP), its new housing scheme. The International Development Association (IDA) loan is a credit facility with 40 years repayment period. Deputy Director, Other Financial Institutions of...

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...

Fashola charges estate valuers to reconcile disparity between Nigeria’s land evaluation system and current economic realities

The Minister of Power, Works and Housing, Babatunde Fashola, Tuesday, inaugurated the reconstituted Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) with a charge on the Board to reconcile the disparity between the country’s land evaluation system and the current economic realities. In his...

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...

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,...

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...