Saturday, May 18, 2024
Investing.com - Federal Agricultural Mortgage reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Federal Agricultural Mortgage announced earnings per share of $3.07 on revenue of $70.32M. Analysts polled by Investing.com EPS of $2.90...
By Nathaniel P. Ajene A safe, decent, and affordable home is fundamental to a family forging a path out of poverty. All over the world, affordable shelter leads to better opportunities for children and their parents. A home helps families...
John Terhemen Ikyaave The FMBN board and management retreat in Abuja three months after President Muhammadu Buhari appointed a new team of professionals to lead Nigeria’s apex mortgage institution was timely and strategic. It was a logical next step after the...
There are opportunities and challenges in accessing equity contribution for residential mortgage under the recently released guidelines for the Contributory Pension Scheme, NIKE POPOOLA reports The National Pension Commission’s guidelines on equity contribution for residential mortgages are expected to enable...
FMDQ Securities Exchange Limited has announced the admission of Rand Merchant Bank Nigeria Limited‘s N0.55 billion Series 3 and N1.81 billion Series 4 commercial papers (CP) under its N80.00 billion CP programme. A statement by the FMDQ, seen by Nairametrics,...
US mortgage rates for Friday, December 30, were up from the previous day and up from the same time last week, according to Bankrate data. 30-year fixed rate loans The average daily rate for a 30-year fixed-rate loan was 6.87%, 5...
Real estate expert and Managing Partner, Ubosi Eleh and Co, Chudi Ubosi, shares his thoughts with JOSEPHINE OGUNDEJIon the real estate projections for 2023 Notwithstanding the poor performance of the economy in the outgoing year, the real estate industry has shown resilience...
Within five days of trading this week, about 1.286 billion shares were traded on the exchange floor by investors who parted with N29.634 billion for the stocks in 19,816 deals. The value of investment recorded by the Nigerian stock market...
In line with the renewed drive to increase the delivery of affordable housing to Nigerian workers, the Federal Mortgage Bank of Nigeria (FMBN) plans to commission 1,071 completed houses in eight project sites nationwide. The housing units are part of...
Emmanuel Addeh in Abuja The Minister of Works and Housing, Mr Babatunde Fashola (SAN) yesterday performed the official ground-breaking ceremony of 116 housing units under the Federal Integrated Staff Housing (FISH) Programme in Gwagwalada, Abuja.In his address, the minister said...
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