Babatunde Fashola, former Minister of Works and Housing, has thrown his weight behind the adoption of the rent-to-own scheme and also urged relevant stakeholders and government to take necessary steps to improve the scheme in order to boost efforts...
The relationship between homeowners and the developers of Renaissance Estate has soured as the sale and purchase deal has encountered difficulties. Renaissance Estate, located at Plot 96, Bimkol Close, GRA Phase 3, Port Harcourt, Rivers State, was developed by First...
On Monday, the Senate Committee on Land, Housing and Urban Development berated the Federal Mortgage Bank of Nigeria (FMBN) for spending N58.44 billion of its generated N59.02 billion. The Committee expressed this position at the National Assembly Complex, Abuja, at...
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...
Stakeholders have charged the Federal Government to formulate policies that will make it easier for Nigerians to access mortgages in order to stimulate growth in the construction industry. This recommendation came after a two-day National Conference on Mortgage and Real...
The Housing Development Advocacy Network (HDAN), a leading housing advocacy and civil society organization in Nigeria, has praised FCT Minister Nyesom Wike for the commendable policy of granting certificates of occupancy (C of O) to all homes in the...
The Minister for Housing and Urban Development, Arc. Ahmed Dangiwa, yesterday launched the Diaspora Housing Scheme with a facility for Diaspora access up to N50 million naira loan for a mortgage with an interest rate of 6.9 per cent,...
ARM Pension Managers, a Pension Fund Administrator (PFA) in Nigeria, has obtained financing for more than 24 contributors to acquire residential mortgages. In this vein, the company has disbursed a sum of N258,162,261.56 in pension funds to the 24 esteemed...
The Mortgage Banking Association of Nigeria (MBAN) has urged both the federal and state governments to simplify the legal and legislative procedures for land acquisition in the country. MBAN president, Ebilate Mac-Yoroki, made the plea during a visit to the...
Owning a home is a significant milestone and a dream shared by many Nigerians. With the soaring real estate prices, achieving this dream can seem like an uphill battle. However, there is a powerful tool that can turn this...
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