For instance, cement price, which increased from N1500 to N2,350, has now gone up to N2,600 in Lagos area; the cost of rod has skyrocketed from N170, 000 per ton to N300, 000 and
Operatives launch robust mortgage market system
The web-based platform promoted by Nigeria Mortgage Refinance Company Plc (NMRC), known as Mortgage Market System (MMS) is expected to enhance the efficiency of processes and costs in the entire Nigerian housing finance ecosystem.
AFDB injects $28.2m into Shelter Afrique
This capital injection follows from the $8.2 million equity investment by AfDB and the commitment made by the bank at the recently concluded extraordinary general meeting held in Nairobi last month.
How green construction can mitigate climate change, by report
Notwithstanding the need for building of more human settlements and adequate housing, the challenge has remained that the impact of construction and human activities is contributing a great deal to climate change.
New building material debuts in Nigeria
Manufactured by Nigerite Limited, a complete building components solutions company, the product has the benefit of being resistant to the attack of termites, insects and most other vermin.
Engineers’ body plans schools’ innovation challenge competition
Speaking on the programme, Chairman of Lagos Chapter, Mrs. Funmi Akingbagbohun, said the innovation is to support the discovery of new ideas and solutions in the areas of agriculture, power supply, renewable energy and...
FG to build 3,000 housing units for civil servants in Abuja
The HOS, Mrs. Winifred Oyo-Ita explained after a meeting with the developers in Abuja, that the initiative will, ‘’serve an economic multiplier effect on the people as skilled...
Mortgage firm pledges affordable housing for Akwa Ibom civil servants
The management of Akwa Savings and Loans Limited has promised to partner with the Federal Mortgage Bank of Nigeria (FMBN) in order to provide affordable houses for Akwa Ibom civil servants.
Operatives seek intervention fund, mortgage guidelines
MBAN President, Dr. Femi Johnson that spoke at the 12th Edition of the Mortgage Banking Sub-Sector CEOs’ Annual Retreat held in Abuja, also wants new operational guidelines in respect to loan margins...