Monthly Archives: July 2018

Africa: Nigeria scored low in mortgage

Nigeria has been ranked low among countries in the area of mortgage penetration and depth for home-ownership in Africa.

According to a report by Senior Advisor, UN-Habitat, Dr. Xing Guan Zhang, out of 31 countries ranked for the exercise, Nigeria …


The 12th Abuja International Housing Show
Abuja International Conference Centre
July 16-19, 2018
The 12th Abuja International Housing Show took place from July 16-19, 2018 at the International Conference Centre, Abuja with the Theme: Driving Growth and Sustainability in …

Imagining a N500 billion housing fund

A big part of Nigeria’s infrastructure gap is the huge housing deficit. At the last count, it was estimated that the country has a 17 million housing deficit. However, this figure has been around since 2012 and so many players …

FG urged to overhaul housing finance system

The Federal Government has been urged to overhaul the country’s mortgage system to make it easier for Nigerians to own homes.

The Managing Director, Opinior Engineering Company Limited, Mr Muftau Salawu, said this in Abuja during the handing over of …

FMBN invests N6.37bn in estates in five states

The Ibadan Zonal Coordinator, Federal Mortgage Bank of Nigeria, Mr Stephen Owoshagba, has said that the lender has invested about N6.37bn to build estates in five states.

He identified the states and amounts so far disbursed as Oyo, with N2.33bn; …

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