To address the challenges facing housing affordability across the African continent, members of African Union for Housing Finance (AUHF) have adopted a 5-Point Plan for African Governments to address housing finance issues.
Mortgage banks in talks with CBN over expansion plans
Mortgage firms are seeking new strategies to flesh up their operations in the housing finance industry, and have taken decisions on critical success factors that would ensure continuity
FMBN urges mortgage banks to improve on NHF loans processing, disburses N75.5 billion
Following its mandate to boost the provision of affordable housing to Nigerian workers that are registered contributors to the National Housing Fund (NHF) scheme, the Federal Mortgage Bank of Nigeria (FMBN) has re-stated strong commitment to the speedy processing of qualified housing loan applications. The bank has also appealed to its partner primary mortgage banks…
NMRC, ITF empower artisans in housing construction skills
In a bid to boost capacity in the industry, the Nigeria Mortgage Refinance Company (NMRC) has partnered with the Industrial Training Fund (ITF) to train about 40 unemployed...
Experts canvass cooperative housing financing system
Industry leaders have argued that to significantly reduce estimated 22 million housing deficit, there is an urgent need to start a cooperative housing financing system to deliver affordable houses in the country.
Experts canvass improved funding for affordable housing
To bridge the housing deficit, some players in the sector have canvassed the need for authorities to build decent and affordable houses for the low and middle-income groups.
Family Homes Funds, Shelter Afrique seal deal to improve housing
As the nation’s housing crisis continues to worry about the authorities, Nigeria’s largest Social Housing Fund - Family Homes Funds (FHF) has signed a Memorandum of Understanding (MoU) with pan-African housing finance institution, Shelter Afrique towards building more affordable homes in the country.
NMRC, Kaduna agree on N3b mortgage scheme
Determined to create an enabling environment for affordable housing and mortgage creation, Nigeria Mortgage Refinance Company Plc (NMRC) has sealed a tripartite agreement with the Kaduna State Government (KDSG) and FHA Mortgage Bank that will boost the state’s mortgage scheme.
How CBN’s mortgage interest rate cap removal will impact housing delivery
This might not be the best of times for prospective homeowners and developers, following the apex bank’s recent removal of interest cap rate on mortgage finance for primary mortgage banks in the country.
TOPREC inducts 139, as NITP plans summit
About 139 town planners have been inducted by its regulatory body, Town Planners Registration Council (TOPREC) and charged to uphold the highest professional standard.