January 31, 2022 The key elements for the growth of Nigeria's national mortgage finance market are gradually taking shape. Major housing industry players including mortgage banks, financing institutions, and developers are working together in a more structured fashion. The country’s...
Owning a home is a capital-intensive venture. A combination of low wages and high living costs limits the capacity of millions of Nigerians to save towards building or purchasing a house of their own. The result is a huge housing...
Salamatu Ahmed is a level 9 administrative officer with the Citizenship and Leadership Training Center in Abuja. Shortly after she gained employment, she registered and consistently contributed to the National Housing Fund (NHF) Scheme. The NHF is a federal...
Echostone Development Nigeria delivered 252 IFC Edge Certified affordable homes in Idale Badagry, Lagos State. Lagos State, which has over three million housing shortfall, partnered Echostone in a Public-Private Partnership (PPP) aimed at providing 100,000 affordable homes in 10 years...
FMDQ Securities Exchange Limited approved the listing of the Nigerian Mortgage Refinance Company PLC (NMRC), Series 3 N10billion fixed-rate bond under its N440 billion bond issuance programme on its platform. The Managing Director of NMRC, Kehinde Ogundimu, said: “The proceeds...
By Terhemen Mark Chieshe Sustainability is fast becoming an important design and construction feature of prime office buildings. Green office buildings drive better business outcomes, maximize asset value, and ensure occupant satisfaction while reducing environmental impact. Cities from the United States...
The climate crisis, as well as pandemic-related workplace disruptions, are forcing architects and real estate developers to take a hard look at their industry’s impact on the environment and to accelerate the use of sustainable tools and materials. They have...
Nigeria has a huge housing deficit. The demand for affordable homes far outstrips supply. In an Economic and Financial bulletin dated December 2019, The Central Bank of Nigeria (CBN) states that “a deficit of at least 17.0 million homes exists in Nigeria.” The...
UAC of Nigeria Plc might not improve on its dividend payout to shareholders in 2021 financial year. This is because analysis of its result and accounts for the year under review revealed that profit after tax and profit before...
by Nairametrics December 30, 2021 in Corporate deals, Exclusives FMDQ Group, Nigeria’s leading market for fixed income securities and forex, and operators of FMDQOTC has reached an agreement to acquire over 20% of CSCS. The value of the transaction is...
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