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Project loans check rural-urban migration in Lagos –Ambode

All the capital projects executed with borrowings by the Lagos government have so far helped to check rural-urban migration in the state, its Governor, Akinwunmi Ambode, has said. According to the governor, who disclosed this during the just-concluded  9th annual Bankers’ Committee retreat in Lagos,  the current massive

Real Estate: Bright Future 

The real estate and construction sector of the economy has all it takes to contribute more to the Gross Domestic Product (GDP) in this fiscal year. But this is only if certain conditions are met. Experts are convinced that with the right indices in place

Repeal FMBN Act now, stakeholders urge govt

 For not performing the roles for which it was established, stakeholders in the built environment have called on the Federal Government to repeal the Act of Parliament that gave impetus to Federal Mortgage Bank of Nigeria (FMBN). The FMBN Act was established to aid in bridging

The man behind Dubai’s affordable Housing boom

onstruction and real estate billionaire,  Rizwan Sajan details his journey to the top and where he plans to take Danube Group next (Culled from Gulf Business) QUESTION: Your story is often described as being ‘from rags to riches’, having started over in Dubai with nothing. Did you

FMBN Disburses N7bn loan to Beneficiaries in 2017

The Federal Mortgage Bank of Nigeria (FMBN) on Wednesday said it disbursed more than N7 billion loan to beneficiaries in 2017. Its Managing Director, Ahmed Dangiwa, disclosed this at the FMBN 2017 Management Retreat in Abuja, with the theme “Towards Improving FMBN Transaction Turnaround Time“.

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