Stakeholders advocate reduction in housing deficit, better mortgage system
Edo State Governor, Godwin Obaseki and other critical stakeholders in the real estate sector have advocated a reduction in housing deficit and better mortgage systems for middle-income earners in the country.
CBN’s arbitrariness on mortgage loans
The Central Bank of Nigeria’s (CBN) recent circular, which removed “interest rate and cap in respect of Part 2 Section 2.1.3 (Mortgage Finance)” in the Guide to Charges by Banks and Other Financial Institutions in Nigeria, should be of immense interest and concern to people who have had their hopes deferred about housing for all.
Delegates in Abidjan urge African governments to stimulate long-term mortgage
No fewer than 12 commitments were made recently in the Cote d’Ivoire capital, Abidjan, where more than 29 countries including Nigeria met to shape the development of housing finance across the African continent.
Using mortgage finance to address housing shortfall
The housing sector is one of the indices for measuring the standard of living of people across societies. It also plays a more critical role in a country’s welfare than is always recognised, as it directly affects not only the well-being of the citizenry, but also the performance of other sectors of the economy. Consequently,…
Firm to reward mortgage, real estate professionals
For rapid development in the housing sector, Mortgage and Real Estate Academy (MORE), a public private partnership between Centre for Management Development, a parastatal of the Federal Ministry of Budget and National Planning and Western Atlantic Corporation Limited is to host her ‘First Award of Excellence’ to encourage practitioners in the mortgage and real estate…