Hopes of realizing the mortgage-backed housing dream brightened recently, following the adoption of the Nigeria Mortgage Refinance Company (NMRC) pioneered draft model mortgage foreclosure law by four states in the country.
Stakeholders urge repeal of FMBN Act
Stakeholders in mortgage industry have called for the repeal of the existing Act establishing Federal Mortgage Bank of Nigeria (FMBN) to give room for its comprehensive re-establishment and strengthening of its board. They also sought for the establishment of Institute of Mortgage Brokers and lenders of Nigeria (IMBLN) for the regulation of the sector’s activities…
Lagos High Court hears suit on Ikeja mortgaged property
Legal battle over the soul of the landed property situate at 5, Oduduwa Street, GRA Ikeja, Lagos between the Administrators of the Estate of the late Samuel Iyiola Omotoso, Ecobank Nigeria Plc and Registrar of Titles, Lagos State resumed today,....
Rivers partners developer in 3,000-unit estate
On his part, the Chief Executive Officer of Sammya Nigeria Limited, Mr. Sammy Adigun, said their priority is to deliver quality job on schedule, while he promised to mobilize to site within the next three weeks.
Real estate pros advocate stratified sector for affordable housing prices
They spoke at the 2017 yearly Real Estate Unite summit in Lagos, according to them, there is still huge opportunities for the real estate industry if the right things are done.
Experts back cooperative model for housing financing
They spoke at the Lagos Development Envison Lab (LAGDEL) hosted by the Arctic Infrastructure and the Heinrich Boll Stiftung Nigeria in which young professionals in the built environment and youth from different low-income communities in Lagos were pre selected.
Controversy trails plan to sell Nasarawa property in three states
The party further alleged that attempt by Governor Almakura and his commissioner of Finance Ayuba Dogara to liquidate the Nasarawa Investment and Property Development Limited is not in accordance with the company and allied matter act.
Court reverses suspension of FHA Homes MD
The National Industrial Court sitting in Abuja has reversed the suspension of the Managing Director of FHA Homes Limited, Roland Igbinoba.
Group, experts chart path for low-income housing
Programme Manager of Heinrich Boell Stiftun, Mrs. Monika Umunna, stressed that housing is one of the biggest issues all over the world, which has led to middle income earners and low-income earners having a big challenge of...
FG engages 653 contractors for mass housing scheme
The projects planned in 33 states are part of the National Housing programme’s pilot scheme, which is at various stages of completion. Among those employed for the housing projects are artisans.