Following increasing rate of mortgage defaults, UPDC Plc has called for review of real estate laws, especially reform in the foreclosure laws to create a conducive environment for homeownership.
28 Nov 2022
Experts and government officials have lamented the lack of access to affordable housing, which they warned has resulted in shortages in the country.
4 Apr 2022
In rapid inflation period, there is bound to be situations where some of the contractual covenants are difficult to achieve. Contractors have to device cost management strategies to improve the success of such agreements.
14 Mar 2022
With rapid growth of Nigerian population and economic downturn, UPDC has reiterated calls for the unlocking of over N13 trillion pension funds to improve homes’ accessibility and ownership among Nigerians.
9 Feb 2022
The Nigerian equities market sustained a sliding profile at yesterday’s transactions, occasioned by losses in the shares of BUA Foods and 20 others, causing market capitalisation to dip further by N79 billion.
24 Nov 2021
Despite price gains that outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed on a downward note yesterday, as the All-Share Index (ASI) depreciated by 0.01 per cent.
12 Nov 2021
The market capitalisation of listed equities depreciated further by N82 billion yesterday, following the extension of losses on the Nigerian Exchange.
11 Oct 2021
Foremost property development Company, UPDC Plc has begun a site and services scheme in Lekki Peninsula, Lagos. Known as Pinnock Prime Estate, the project is envisioned as a residential development..
15 Sep 2021
With renewed appetite in the shares of UACN Property Development Company (UPDC) and Academy Press, the Nigerian Exchange Limited (NGX) halted its losing streak to close in an upbeat yesterday, causing market capitalisation to increase by N3 billion.
1 Sep 2021
Transactions on the Nigerian Exchange Limited (NGX) sustained a sliding profile yesterday, to end trading for the month of August lower, as sell-pressure in highly capitalised stocks dragged market capitalisation further by N56 billion.
27 Aug 2021
As price gains outweighed losses, transactions on the equities sector of the Nigerian Exchange Limited (NGX) closed in an upbeat yesterday, causing market capitalisation to increase by N15 billion.
22 Apr 2021
The Board of Directors, UACN Property Development Company (UPDC) has announced the appointment of Odunayo Ojo as the new managing director.