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...
The Abuja real estate market is showing renewed signs of life. This is being underpinned by a new political tenure, plans to complete stalled infrastructure projects, and migration of new government appointees and their aides, from all parts of...
The adverse economic conditions in Nigeria are exerting a negative impact on multiple sectors, including real estate. This impact has, in numerous ways, affected individuals, households, and businesses. Most affected are individuals and households living in rented accommodation who are now groaning...
The Housing Outlook for 2024 in the Real Estate Sector is looking positive, with Experts predicting better prospects for the industry.
The Real Estate Industry witnessed tremendous growth in 2023 despite the various trepidation of the economy. Despite the odds, various Real...
The Abuja@30 Village is a poignant testament to the vision of former FCT Minister Nasir El Rufai. Established in 2006 to mark the commemoration of Abuja at 30 which was established in 1976, this small resettlement named “1000 units”...
The National House Building Council (NHBC) has revealed in new data that affordable homes completions rose 10% in 2023.
Build-to-rent and affordable housing completions by housing associations totalled 45,649, up 10% compared with 2022, and the highest figure recorded by...
As the world rapidly urbanizes, the concept of "healthy buildings" takes center stage in architectural discussions. A health revolution, driven by pioneering companies like Schneider Electric, is underway, with the transformative impact of green architecture on occupant wellness at...
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...
All things being equal, there is a forecast indicating that the diaspora market will contribute significantly to the growth of the real estate sector in 2024. According to the Executive Director, Housing Development Advocacy Network (HDAN), Festus Adebayo, the issue...
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...
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