Category Archives: Latest Housing News

Saudi real estate market named among world’s worst performers

Saudi Arabia’s real estate market is one of the worst performers in the world, according to new data released by Knight Frank. Its latest Global House Price Index showed that Saudi Arabia was ranked 55th out of 56 markets analysed during the third quarter of

FG finally hands over State House, Marina to Lagos govt

The Federal Government on Tuesday completed the process of handing over the State House, Marina, to the Lagos State Government. The process which started about 20 years ago was completed with the signing and exchanging of documents between the state government and the Federal Government

Bad loans push Shelter Afrique to $2.16m loss

Troubled mortgage lender Shelter Afrique has reported a $2.16 million net loss for the six months ended June, compared to a net profit of $1.65 in the same period a year ago on the back of increased provisions for bad loans. Shelter Afrique’s loan impairment

Housing: Anambra govt. to fast track project

Prof. Solomon Chukwulobelu, Secretary to the Anambra State Government said the state would deploy resources to fast track the ongoing National Housing Project (NHP). Chukwulobelu made this known on Thursday in Awka when he received the Minister of State for Power, Works and Housing, Alhaji

How construction, real estate can drive growth, by experts

Worried by the decline recorded in their sectors in the last one and half years, stakeholders in the construction and real estate industry have suggested ways out of the woods. DAYO AYEYEMI reports While the dust raised by the 2017 third quarter data on Nigerian’s

Four states adopt NMRC’s draft mortgage foreclosure law

Hopes of realizing the mortgage-backed housing dream brightened recently, following the adoption of the Nigeria Mortgage Refinance Company (NMRC) pioneered draft model mortgage foreclosure law by four states in the country. The states that have executed the law, memorandum of understanding and technical assistance with

COPEN Group inaugurates fifth housing estate in Enugu

COPEN Group, a consortium of God fearing professionals on Monday in Enugu inaugurated its fifth housing estate aimed at reducing the housing deficit in Enugu State. The Group Managing Director, Rev. Ugochukwu Chime, said that the company had been involved in providing affordable housing to

NSIA Plans Massive Investment In Infrastructure

The Nigeria Sovereign Investment Authority on Wednesday said it was planning to invest massively in the Nigerian Infrastructure Debt Fund being managed by Chapel Hill Denham Nigeria. The NSIA said this in a statement issued in Abuja and signed by its Communications Adviser, Mr. Titilope

Facebook Auto Publish Powered By : XYZScripts.com
Translate »