In a bid to address the housing shortage in Nigeria, experts have suggested the use of mud bricks as a viable alternative to concrete-based materials. Although mud homes are fast becoming obsolete, they still provide shelter to many Nigerians...
The Federal Mortgage Bank of Nigeria (FMBN) has delivered record-breaking achievements in the seven years of the Buhari administration. Across all corporate indicators the Bank has from 2015 to date surpassed all previous performance records. This includes mobilization of...
The Honorable Minister of Works and Housing, Babatunde Raji Fashola SAN, has officially inaugurated the newly appointed members of the FMBN Board and Executive Management Team. They include Hamman Madu as the Managing Director/ Chief Executive Officer, Umar Zubaida, Executive...
Arc. Ahmed Dangiwa, the Minister of Housing and Urban Development, has advocated for the nationwide adoption of the Model Mortgage Foreclosure Law (MMFL). He referred to it as a "housing industry stakeholders' initiative" and stated that President Bola Tinubu has...
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 Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Mr.Hamman Madu, has disclosed that the bank is constructing 265 housing units in some local government areas of Kano state. Madu, who also noted that the units would be...
Everyone in this day and age is talking about going green. Eventually, whether you like it or not, everyone will have to join the green movement. This is due to the fact that the earth cannot sustain us at...
Summary M&G takes majority stake in responsAbility Investments AG
Also buys majority stake in Greencore Construction LONDON, Jan 27 (Reuters) - British asset manager M&G (MNG.L) had agreed to buy majority stakes in impact investor responsAbility Investments AG and green builder Greencore...
The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that the Federal Government has allocated 675 hectares of land for the Diaspora City project situated at Maitama 2 in the Federal Capital Territory.
According to a statement signed...
By Paul K. Adegboyega It is no longer news that Nigeria faces a huge housing challenge that requires trillions of naira to fix. Experts say the housing deficit is now over 20million units while the number of affordable houses built...
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