All posts by David

Why mortgage business risks need to be insured

Like many other business enterprises, mortgage is also risky venture and the need to insure the risks associated with transactions is as important as the business itself. Get your daily housing news on your mobile phone : Download from goggle playstore Now Apart from the

Lagos demolishes shanties at abattoir

Over 500 shanties and illegal structures within and outside the Oko-Oba Abattoir and Lairage Complex, at Agege, Lagos, were yesterday demolished by the Lagos State Government. Agriculture Commissioner, Oluwatoyin Suara, described the demolition as part of efforts to ensure adequate upgrading and transformation of the

Aregbesola lauds Omoluabi Mortgage Bank’s prowess

Osun State Governor, Ogbeni Rauf Aregbesola has lauded the managerial prowess of the Board and Management of Omoluabi Mortgage Bank Plc., for recording astronomical growth across all lines in the 2017 financial year. The governor described the performance in the year under review as heroic,

Foreclosure and Action for Foreclosure

When a house is in foreclosure then all doesn’t seem well. Foreclosure is something every real estate investor naturally tries to avoid especially when the investor’s real estate acquisition thrives on mortgage. In this article we explain what foreclosure means and how it is effected.

‘Non-passage of foreclosure law retards housing development’

TrustBond Mortgage Bank Plc has said that failure by the National Assembly to pass the foreclosure law has contributed to the unprecedented housing deficit in the country. The Chief Executive Officer of the bank, Adeniyi Akinlusi, while addressing shareholders at bank’s 7th yearly general meeting

Imperative of informal sector for mortgage industry growth

At a time in Nigeria when the economic growth depends largely on private enterprise, the place of the informal sector in the economy can hardly be over-emphasised. This is why, like the rejected stone, the informal sector as a component of the economy has become

‘Don’t panic over NSE’s bearish trend’

The Federal Government has urged investors not to panic over the negative trend being experienced in the Nigerian Stock Exchange . READ: OBASEKI TO SHOWCASE HIS HOUSING INITIATIVES AT AIHS 2018 The Minister of Power, Works & Housing, Mr. Babatunde Fashola, gave this advice on Friday

Fashola is certainly one of Buhari’s greatest assets

Bola Ahmed Tinubu, former Lagos state governor and now national leader of the All Progressive Congress APC stands tall among Nigerian leaders who have the ability to identify talents and deploy them appropriately while leaving them with ample discretion to achieve a lot. READ:ABUJA INTERNATIONAL

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