This story is part of a series that asks housing experts to give their forecast for the next five years, how investors are impacting the market, and what state or federal intervention, if any, is needed. The housing market appears...
Kayode Tokede The Nigerian Exchange Limited (NGX) has urged the management from Living Trust Mortgage Bank to strive for sustainability, by upholding the highest levels of integrity in delivering value to all its stakeholders. Speaking at the Mortgage Bank virtual...
The MD/CEO, Federal Mortgage Bank of Nigeria (FMBN), Madu Hamman, has charged staff to ensure strict compliance with the new Management’s goal of providing efficient service delivery to its customers nationwide. Mr. Hamman gave the charge at the official...
The Federal and the Edo state governments have commissioned a 68-unit housing scheme under the National Housing Programme (NHP) Phase 1, in Uhunmwonde council of Edo State. Speaking at the unveiling, Edo state Governor, Mr. Godwin Obaseki, called for increased...
The Federal Government on Monday said it was working to increase mortgages provided to contributors under the National Housing Fund to the tune of N712bn for the financing of about 100,000 housing units across the country. It disclosed this at...
…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...
LivingTrust Mortgage Bank Plc has declared a profit before tax of N1.005 billion in its full-year audited results for 2022, representing a 33 per cent increase from N768.209 million declared in the preceding year. According to the figures made available...
A legal mortgage is a type of mortgage that involves the transfer of an interest in land as security for a debt. In Nigeria, legal mortgages are regulated by the Land Use Act of 1978 and the various state...
The surge in rental costs is prompting city dwellers to downsize or downgrade to more affordable apartments to stave off harsh economic situation, especially cost of living. The high rent in the residential segment of the property market has been...
Mr Temitope Runsewe is the Managing Director, Dutum Properties Limited. In this interview with DAYO AYEYEMI, he speaks on various challenges confronting the real sector, the emerging trends and how to address the issue funding. What has been the emerging...
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