In a significant move that underscores their commitment, both the National Pension Commission (PenCom) and Pension Fund Administrators (PFAs) have begun disbursing 25 percent of Retirement Savings Account (RSA) holders' contributions for mortgage financing. This initiative has materialized as...
Professor Olurotimi Kemiki, the Dean of the School of Environmental Technology and Coordinator of the Institute for Land and Community Resilience has revealed that only about five percent of the 13.7 million housing units in Nigeria were financed through...
The cost of renting a property from a private landlord is rising at the fastest rate since records began in 2006, the Office for National Statistics has said.
In a sign that the UK’s 4.6m private tenant households are failing...
To address the severe housing crisis in Nigeria and inadequacy of budgetary allocations, the Federal Government has entered into partnership with a consortium of private developers for the delivery of 100,000 housing units in 36 states and Federal Capital...
An Abuja-based firm, Messrs Pennek Court Estate has appealed to the Federal Government to provide tax rebate for developers, which will enable them to deliver affordable housing to vulnerable Nigerians. The Chief Executive Officer (CEO), Messrs Pennek Court Estate, Kennedy...
The fact that the Nigerian housing sector is currently hobbled by a plethora of challenges is no longer a matter of debate. With a weak legal and regulatory framework, high costs of land and building materials, high inflation, a...
Owning a home is a dream that many Nigerians aspire to, and for good reason. Homeownership comes with a range of benefits that go beyond just having a place to call your own. In this blog, we'll explore the...
Access Pensions, a Pension Fund Administrator (PFA) in Nigeria, has created a dedicated desk aimed at encouraging its customers to utilise 25% of their Contributory Pension Scheme (CPS) for equity contribution towards residential mortgages. The PFA's mission is to help...
Equitable mortgages are a type of mortgage that is commonly used in Nigeria. It is a mortgage where the borrower pledges their property as security for a loan. In this type of mortgage, the lender holds the property in...
On Tuesday, August 1, 2023, the Nigerian Senate in Abuja screened Arc. Ahmed Musa Dangiwa from Katsina State as a minister nominated by President Bola Ahmed Tinubu, GCFR to serve in his administration. Here are six things that you...
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