Mortgage Finance
3 days ago
The second batch of beneficiaries of the Lagos Homs Mortgage Scheme have completed payment and received their certificates, making them full owners of their apartments.
10 Mar
To transform the mortgage sector, the Mortgage Banking Association of Nigeria (MBAN) has called for partnership among the industry stakeholders to deepen its penetration in the economy.
11 Feb
Residents of Sobi Poly Feeder at Oke-Fomo in Ilorin West Local Government Area (LGA), which comprise 44 communities, on Tuesday staged
10 Feb
A Real estate development firm, Victoria Crest Homes has committed to providing affordable housing that combines luxury, smart design and energy efficiency for Nigerians, particularly the middle-class segment of the market.
28 Jan
Loan-to-value (LTV) ratios are a crucial piece of the puzzle in financing. They tell you how much of a property’s value is financed by a loan
15 Jan
The Economic Situation Room, a coalition of 48 civil society groups in Nigeria, has warned that the Federal Government's failure to release funds for completed contracts under the 2024 capital budget is having a devastating impact on businesses and the economy.
9 Jan
About nine years after the enactment of the Model Mortgage and Foreclosure Law (MMFL), many state governments have not domesticated its provisions to open the flank for mortgage investments in the housing sector
30 Dec
There are concerns that the shortfall in financing home ownership will remain a growing burden on many home seekers if the mortgage industry is not strengthened to provide affordable and decent accommodation.
9 Dec
The Federal Government has emphasised that affordable mortgages and the contributions of the private sector are critical to catalysing housing demand and supply in the country.
4 Nov
In its drive to boost internally generated revenue and provide much-needed economic diversification amid Nigeria’s current financial challen
30 Sep
To address the liquidity gap in Nigeria's finance market, Nigeria Mortgage Refinance Company Plc (NMRC) has received approval for $200 million in funding from the U.S. International Development Finance Corporation (DFC) for affordable mortgage financing.
30 Aug 2024
LagosHoms has presented exit certificates to mortgagors who have completed their payment after 10 years.
The LagosHoms mortgage scheme
Latest
6 hours ago
Elite Pillar International Limited, a leading real estate development company, has officially launched its first agro-development project, Heritage Farm City, to the general public. Located off FUNAAB Alabata Road, Abeokuta, Heritage Farm City is poised to revolutionize the agricultural sector in Nigeria. According to Nurudeen Oladimeji, Managing Director of Elite Pillar International Limited, "Heritage Farm…
9 mins ago
The Owerri Archdiocesan Catholic Secretariat has confirmed the release of Rev. Fr. John Ubaechu, the kidnapped Parish Priest of the Holy Family Catholic Church, Izombe. A statement by Rev. Fr. Patrick Mbara, the Archdiocesan Chancellor/Secretary early Thursday morning, disclosed that Ubaechu was released on Wednesday, March 26, 2025. The News Agency of Nigeria (NAN) recalls…
37 mins ago
The Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari, has charged Nigerian politicians to always be truthful to the electorate during and after electioneering campaigns. The monarch urged them, especially public office seekers, to always endeavour to know the people they intend to govern and understand their plights. Sulu-Gambari gave the charge on Wednesday while receiving a…
39 mins ago
President Bola Tinubu has approved the nomination of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB), filling existing vacancies and strengthening the board's capacity. The approved nominees are Mr. Olusegun Omosehin of the National Insurance Commission (NAICOM) and Engr. Wole Ogunsanya of the Petroleum Technology Association of…
43 mins ago
The Kaduna State Women Leader of the All Progressives Congress (APC), Hajiya Maryam Suleiman, has criticised former Governor Nasir El-Rufai over his defection to the Social Democratic Party (SDP), stating that he has lost political relevance in the state. Suleiman, a former ally of El-Rufai, described his move to the SDP as a "wrong political…
51 mins ago
AXA Mansard Insurance says its recent Mind Health Report revealed that 44 per cent of young adults currently suffer from mental condition. Its General Counsel and Human Resource Director, Omowunmi Adewusi, in a statement on Thursday, said that the company’s health report underscored importance of mental health in the workplace and among young people. Adewuusi…
1 hour ago
The Patriots for the Advancement of Peace and Social Development (PAPSD), on Thursday, called on President Bola Tinubu to ignore calls for a state of emergency in Zamfara State, describing the move as an unpatriotic and self-serving attempt by certain politicians to create political instability in a state recovering from years of armed banditry. The…
1 hour ago
The Director-General of the National Commission for Museums and Monuments (NCMM), Mr. Olugbile Holloway, has applauded Gerda Henkel Stiftung for its efforts in preserving one of the country's monuments, the Egbo Egbo Bassey House in Calabar. The Egbo Egbo Bassey House is a prefabricated wooden structure, possibly built in 1886 and assembled in Duke Town,…
1 hour ago
The Peoples Democratic Party Governors’ Forum (PDP-GF) has congratulated former president Goodluck Jonathan for winning the prestigious 2025 Founders Sunhak Peace Prize (FSPP). The congratulatory message is contained in a statement issued by the Director-General of the PDP-GF, Dr. Emmanuel Agbo, on Wednesday in Abuja on behalf of the Chairman, Gov. Bala Mohammed of Bauchi…
2 hours ago
A professor of Science Education at the Nasarawa State University, Keffi (NSUK), Benneth Uzoechi, says foreign academic curricula being used in some private schools are disadvantageous to Nigerian children. Uzoechi stated this at the university’s 51st Inaugural Lecture held in Keffi on Wednesday with the theme: “Creating Equitable Science Learning Environments: Integrating Nature and Nurture…