Saturday, April 27, 2024
... Expansion by 2.8% in Real Terms this Year, Supported by the Government's Focus on Infrastructure Development & Investments in Housing - Forecast to 2028 The construction industry in Nigeria is expected to expand by 2.8% in real terms in...
Changes in lifestyle which come with sophistication in terms of taste and class of individuals are being matched, incrementally, with advancement in architectural designs and modern technology. The result of all these is, among other innovations, a revolutionary shift towards...
…Move Product Launch Date Forward   Efforts are intensely underway for the launch of the Diaspora Mortgage Loan Product of the Federal Mortgage Bank of Nigeria and the Nigerians in Diaspora Commission (NiDCOM), with six continents already contacted and ready...
Shanties and illegal structures along the bank of the River Niger in Fegge, Onitsha, have been demolished by the Anambra State Government. Sand miners and traders operating in the area had their machines, buildings, stores, and sand beaches demolished...
The undeniable capacity of Nigeria's housing sector to enhance the economy and bolster Gross Domestic Product (GDP) notwithstanding, its full potential remains unrealized despite government initiatives across multiple institutions and programs. This piece explores the hurdles confronting Nigeria's mortgage...
The International Monetary Fund has stated that central banks’ decision to hike interest rates to curb inflation has been impeding housing market growth and mortgage accessibility. In a recent release of its Global Economic Outlook at the International Monetary Fund/World...
The Federal Government has restated its commitment to delivering cost-effective housing solutions for civil servants via the Federal Integrated Staff Housing (FISH) program under the Office of the Head of the Civil Service of the Federation (OHCSF), aligning with...
The Federal Government plans to construct 100 social homes in each of the 774 local governments nationwide for low-income and underprivileged citizens. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this information when the National Association of Directors...
Almost 190,000 households are stuck on social housing wait lists amid Australia’s housing crisis, according to Guardian Australia analysis of state and territory data. In December 2023, there were around 60,000 applications for social housing in Victoria and 57,000 in...
The real estate sector in Nigeria is constantly evolving with developers employing new approaches that encourage innovation and sustainability in housing development, in line with modern technology. One of those developers is Maisonamswar, a relatively young real estate firm, that...
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