The Lagos State Government is contemplating the demolition of illegal structures situated on the drainage system in several areas, including Orchid Road, Agungi, Ajiran, Conservation Road, Osapa, and Oral Estate II along the Ikota River. This decision comes after...
The families of Akinsemoyin and Mr. Chidozie Chikelu, as well as a group of traders and others, are urging Lagos State governor, Babajide Sanwo-Olu, to step in and address the demolition of a multi-million-naira shopping complex and the destruction...
In response to the economic decline, the Mortgage Banking Association of Nigeria (MBAN) has gained approval from the Central Bank of Nigeria (CBN) for a matching fund aimed at lowering lending interest rates. This innovative initiative, called the Mortgage Interest...
The District of Squamish has reformed its zoning regulations to make it easier to construct affordable housing within the municipality. The mayor stated that while Squamish has long been popular among outdoor enthusiasts, the move is a positive step towards...
According to a communique released by the Minister of Housing and Urban Development, Ahmed Musa Dangiwa, during the 12th meeting of the National Council of Lands, Housing and Urban Development, a distressing total of 553 buildings in Nigeria have...
During the conclusion of the 12th meeting of the National Council on Lands, Housing and Urban Development in Kaduna, Tijjani Gwarzo, the Minister of State for the Federal Ministry of Housing and Urban Development, expressed his appreciation for President...
August 9, 2023, Victoria Island, Lagos, Nigeria: The Nigeria Mortgage Refinance Company Plc (NMRC) held its 9th Annual General Meeting (AGM) at the Abora Hall, Eko Hotel and Suites, Victoria Island, Lagos on August 9, 2023. The meeting, chaired...
In a proactive effort to address the substantial housing deficit in Lagos, Legrande Properties Development Company Limited, a reputable Lagos-based real estate firm, has joined forces with the Lagos state government. Together, they are embarking on a joint initiative...
Amidst the pressing need to bridge the gap in housing affordability, experts and stakeholders are strongly advocating for a comprehensive overhaul of the country's mortgage system. This call to action emerged during a recent interactive media session organized by...
In a significant move that underscores their commitment, both the National Pension Commission (PenCom) and Pension Fund Administrators (PFAs) have begun disbursing 25 percent of Retirement Savings Account (RSA) holders' contributions for mortgage financing. This initiative has materialized as...
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