The Federal Mortgage Bank of Nigeria (FMBN) defended its 2024 budget projections before the National Assembly Joint Committee on Housing and Urban Development on Thursday, December 14, 2023. The leadership of the FMBN was invited by the committee, which consists...
The Central Bank of Nigeria (CBN) late last year launched the redesigned N200, N500 and N1,000 notes. The bank also capped the withdrawal of the new banknotes at N100,000 weekly for individuals and N500,000 for corporations. Later, it raised...
Laide Agboola, Co-founder and CEO, Purple Group The management of Purple Real Estate Income Limited (PREIL) says it has grown its operating revenue by 112 percent to N2 billion, riding on the expansion of its asset base and sale of...
Recently, Nigeria has witnessed a surge in the price of property and general real Estate, caused by the inflationary pressures, which experts say are caused by the high cost of building materials. Usually, the location of a property determines...
Shelter Afrique, a company for habitat and housing founded in 1982 by African governments, the African Development Bank, and the African Reinsurance Corporation, will host its annual general meeting from May 7 to May 12. The event will provide...
In a bid to provide affordable housing to prospective homebuyers in Enugu State, the Enugu State government has entered into a collaboration with two estate developers, Hymac Real Ltd, a subsidiary of Hyfield and Allied Associates Ltd and Toshel...
China’s economic recovery gained momentum in July as business activities resumed and confidence improved, despite disruptions from sporadic Covid outbreaks across the country. That’s the outlook based on Bloomberg’s aggregate index of eight early indicators for this month. The overall...
The leadership of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), Comrade Oyinkan Olasanoye has predicted that dollar will continue to rise against Naira unless Nigerians change their taste for imported products. This is just as...
In the realm of real estate investment, especially in urban centers like Abuja and Lagos, land flipping stands out as an enticing strategy for astute investors in pursuit of lucrative opportunities. Given its influential role in the Nigerian economy,...
Adenrele Fatima Olowokure, an expert, has noted the increasing occurrence of building collapses in Nigeria and emphasized the need to involve Estate Surveyors in the investigation process. She also expressed disappointment that the government at all levels has not fulfilled...
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