Towards addressing high-interest rates in the real estate market, the Federal Mortgage Bank of Nigeria (FMBN) has advised stakeholders to engage the Federal Government and institutional regulators towards creating special intervention funds and subsidies for the mortgage industry.
In line with the renewed drive to increase the delivery of affordable housing to Federal Government workers, over 3,560 homes will be delivered under phases 1 and II of the National Affordable Housing Delivery Programme.
21 Nov 2022
Real estate operatives in West Africa have urged government across in the region to develop a virile mortgage system that will provide access to homeownership.
3 Oct 2022
Operatives in the real estate development and mortgage industry have praised government on the approval of guidelines by the National Pension Commission (PenCom), allowing Retirement Savings Account (RSA) holders to access 25 per cent of their savings for residential mortgage.
15 Aug 2022
To boost diaspora remittances, the Federal Government has launched a homeownership scheme for Nigerians living abroad.
1 Aug 2022
Towards deepening the mortgage finance sector and expanding its refinancing business, Nigeria Mortgage Refinance Company Plc (NMRC) has provided liquidity to four new institutions in line with the recent regulatory approval to refinance non-member banks.
11 Jul 2022
A Lagos-based real estate company, Purple Real Estate Income limited (“PREIL”), has called for the democratisation of access to homeownership and real estate investment
25 Apr 2022
Grappling with the shortage of funds and lack of mortgage finance for housing schemes, members of the nation’s housing corporations have called for immediate implementation of statutory contribution ....
25 Apr 2022
As the world celebrates the United Nations International Mother Earth Day, leading Cement manufacturer in Africa, Dangote Cement Plc has reiterated its commitment to protecting the earth through efforts ...
11 Apr 2022
The Federal Mortgage Bank of Nigeria (FMBN) has earned a total sum of N294.1 billion as additional contributions to the National Housing Fund (NHF) in five years
28 Mar 2022
PAN- African housing development financier Shelter Afrique, through its research and policy formulation arm, Centre of Excellence (CoE), has launched a ‘Housing Affordability Calculator....
31 Jan 2022
The Family Homes Funds Limited (FHFL) has launched a home loans assistance programme targeted at Nigerians on low/middle income, offering them a low-cost, deferred equity loan
6 Dec 2021
Towards ensuring affordable and environmentally friendly living, the Nigeria Mortgage Refinance Company (NMRC) has called on private developers to build more green residential houses.