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Addressing Nigeria’s housing challenge

Despite the Federal Government’s promise in 2016 to address the nation’s housing challenge through mass housing, not much has been done in that direction.  President Muhammadu Buhari had at the time said his government would build 5,000 housing units in every state, every year for

SunTrust Bank Appoints Jibril Aku, as Board Chairman

The Board of SunTrust Bank Nigeria Limited (SunTrust Bank) has appointed Mr. Jibril J. Aku as Board Chairman, succeeding Chief Charles Onyema Ugboko who retired upon attaining the retirement age. According to Muhammad Jibrin, CEO of the bank, in a statement obtained yesterday by THISDAY,

Group seek single digit interest rate for mortgage loans

In other to overcome the incessant challenges of accessing long-term fund for housing some housing experts under the aegis of the Whatsapp group “Abuja Intl. Housing show” have urged the Federal and State governments to adopt single digit interest rate in mortgage loan even if

Sterling Bank to host non-interest banking lecture

Sterling Bank Plc says it is hosting a lecture on non-interest banking as part of its continuous bid to sensitise the public about opportunities in various financing options. Themed “Reducing poverty and unemployment through non-interest banking”, the event will take place in Kano on January

IBS Begins in Florida, Nigerian Minister, others to attend

The Minister of State for Power, Works and Housing, Suleiman Zarma Hassan will be visiting the 74th annual convention and exposition for stakeholders in the housing and construction industry that will hold from today, January 9-11, 2018 at the Orange County Convention Centre, Orlando, Florida, USA. 

UN Habitat Presents Tool for the Implementation of New Urban Agenda

The New Urban Agenda encourages UN-Habitat and others ‘to generate evidence-based and practical guidance for [its] implementation and the urban dimension of the [SDGs], in close collaboration with Member States, local authorities, major groups and other relevant stakeholders, as well as through the mobilization of

FMBN Urges Edo Govt workers to key into NHF scheme

Bothered by the low level of mortgage penetration, the Federal Mortgage Bank of Nigeria (FMBN) has appealed to the Edo State Government to rejoin the National Housing Fund (NHF) scheme and make its workers homeowners.The Managing Director/Chief Executive Officer of FMBN, Ahmed Musa Dangiwa, who