The Federal Mortgage Bank of Nigeria, FMBN, and Cocoon Atlantic Housing Estate, a leading housing solution company, have officially inaugurated a 28-unit flat estate in Sangotedo, Lagos State.
During the inauguration, Mr. Madu Hamman, the Managing Director of FMBN, expressed...
Governor Nasir El-Rufai of Kaduna State has canvassed for the establishment of a national mortgage system to tackle the country's 22 million housing deficit.
El-Rufai said this while inaugurating the construction of 550 housing units in Gombe State, where he...
The Federal Mortgage Bank of Nigeria, FMBN, has just announced a game-changing increase in the National Housing Fund mortgage loan limit from N15m to N50m per applicant.
The decision, which was revealed by the Chairman of the Board of Directors,...
Nigeria-based digital property platform QShelter, also known as QuickShelter, has launched its website, providing a seamless real estate transaction platform for global users interested in buying properties in Nigeria. The QShelter platform connects developers, homeowners, mortgage lending institutions, Pension...
Building collapse continues to be a tragic issue in Nigeria, with over 62 buildings collapsing in 2022, killing 84 people and injuring 113, according to the Building Collapse and Prevention Guild (BCPG). Out of the total figure, Lagos accounted...
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...
The Commissioner for Housing in Lagos State, Mr. Moruf Akinderu-Fatai, has revealed plans to build ten new housing estates in the next 24 months to address the enormous housing needs of Lagosians. He disclosed this during a forum organized...
Oluwaseyi Tinubu, the son of Nigeria's President-elect Bola Tinubu, has acquired a London mansion that was being targeted by the Nigerian government in connection to an alleged $1.6 billion fraud. Documents recently uncovered reveal that the offshore company owned...
The Land Use Act is a law enacted in Nigeria in 1978 with the primary aim of regulating the use and management of land. The Act vests all land within the territory of each state of the federation in...
A recent report has revealed that Nigeria's construction industry is losing $4.5 billion annually to foreign artisans from Togo, Ghana, Benin Republic and Cameroon. The report also stated that over 10 million artisans are required in the market, and...
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