Better days seem ahead for housing finance in the country, following the listing of the Nigerian Mortgage Refinance Company Plc. (NMRC) N10 billion fixed rate bond on the FMDQ Exchange’s platform.
4 May 2020
To increase home ownership in the country, eggheads in the real estate sector have called for increased and sustained enlightenment on mortgage financing.
22 Jul 2019
Mr. Oluwatobi Osonuga is the Managing Director of Chateau-Royal Real Estate Limited. In this interview with Assistant Editor, Finance and Economy, CHIJIOKE NELSON, he speaks on the trickling effects of a well-financed mortgage sector on the economy and government’s roles in using the growth-inducing sector for overall economic gains
17 Dec 2018
Although, mortgage financing has continued to be a source of worry for operators in the nation’s housing delivery, investors and industry players have projected a positive future. Currently, Nigeria’s mortgage banks charge between 19 and 24 per cent. And this could go higher, depending on the risk volume, which has affected the real estate’s potential…