By Nana Musa The Dangote Cement is sponsoring the Africa International Housing Show (AIHS) which opened on Monday at the Transcorp Hilton, Abuja. A statement from the company said aside from the sponsorship, the company is also participating in the event, which is the 19th in the series. Continue Reading
By Philip Yatai President Bola Tinubu says the Nyesom Wike-led Federal Capital Territory Administration is opening the territory for businesses, housing and investment. Tinubu said this in Abuja on Tuesday, while inaugurating the right-hand service carriageway of the Inter Northern Expressway (INEX), from Ring Road III to Outer Northern Expressway,Continue Reading
By Angela Atabo The new Chairman of the Federal Mortgage Bank of Nigeria (FMBN),Board, Dr Nasir Gawuna, has promised to revitalise the bank and expand housing finance access for Nigerians. Assuming office on Monday in Abuja, Gawuna pledged to align his efforts with President Bola Tinubu’s Renewed Hope Agenda toContinue Reading
By Angela Atabo The Nigerian Institute of Estate Surveyors and Valuers (NIESV) has called for an overhaul of the Land Use Act and National Housing Policy. NIESV President and Chairman of Council, Victor Alonge, made the call on Wednesday at a news conference during the institution’s 55th annual conference inContinue Reading
The Tinubu Stakeholders Forum (TSF) has hailed the successful raising of N100 billion by the MOFI Real Estate Investment Fund (MREIF) through its fully subscribed Series 2 issuance. In a statement signed by its Chairman, Ahmad Sajoh and Secretary, Afolabi Josiah, it described the feat as attached milestone, achieved throughContinue Reading
By Patricia Amogu A real estate development firm, Ama-Davids Nigeria Limited, has announced plans to collaborate with its partners and the Nasarawa State Government to develop a commercial city in Karshi. The Managing Director and Chief Executive Officer of the firm, Mr Ibrahim Arasah, made this known during a seriesContinue Reading
By Angela Atabo Real Estate Developers Association of Nigeria (REDAN) says high mortgage interest rates pose a significant obstacle to housing affordability, particularly for low-income civil servants. The REDAN President, Mr Akintoye Adeoye, made this known in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja.Continue Reading
By Jacinta Nwachukwu The Public and Private Development Centre (PPDC), an NGO, has signed a Memorandum of Understanding (MoU) with Shelta Panacea Ltd. to improve access to justice and promote affordable housing for Nigerians. The Chief Executive Officer of PPDC, Ms Lucy Abagi, who said this on Wednesday in Abuja,Continue Reading
By Naomi Sharang The Chief Executive Officer of NISH Affordable Housing Ltd., Dr Saheed Adelakun, has called for a sustainable, affordable, and revolving housing finance mechanism to address Nigeria’s housing deficit. Speaking at the 7th Nigeria Affordable Housing Finance and Innovation Summit and Expo (NAHFIS 2024) in Abuja on Monday,Continue Reading
By Ismail Abdulaziz The Mortgage Banking Association of Nigeria (MBAN) says the Federal Government’s N250 billion Mortgage and Real Estate Investment Fund (MREIF) will change the face of housing accessibility in the country. It added that it was a strategic intervention towards addressing the huge housing deficit andContinue Reading
