Wednesday, 27th September 2023

Mortgage Finance

24 Apr
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.
23 Jan
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.
Temitope Runsewe
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.


3 hours ago
More than a dozen people were arrested overnight in the US city of Philadelphia following looting of stores after a peaceful rally against police violence, officials said
3 hours ago
Armenia said Wednesday that nearly half of Nagorno-Karabakh's population has fled the enclave since Azerbaijan crushed the rebels' decades-long fight for an independent state last week. Yerevan's attempts to absorb the sea of homeless and hungry ethnic Armenians come with officials still trying to identify the whereabouts of more than 100 people reported missing in…
4 hours ago
Lagos State Governor,Babajide Sanwo-Olu, has given traders two days ultimate to vacate the red line rail tracks at Agege.
4 hours ago
Independent National Electoral Commission, INEC has expressed worry over the spate of insecurity in Imo State ahead of the forthcoming November 11th governorship election in the state.
4 hours ago
The Federal Capital Territory Authority (FCTA) in partnership with Platinum X Art and Media Ltd has concluded plans to organise the ‘Abuja I Believe Carnival 2023” for residents of Abuja and other talented Nigerians in other states to showcase their talent.