Category Archives: Uncategorized

Lagos to start allocating houses October

The Lagos State Government (LASG) has reassured prospective home-owners that they will celebrate the next Christmas in their new homes, saying allocation of the houses will start in October. The state Commissioner for Housing, Gbolahan Lawal, said this after an inspection tour of some of

FG to deliver 2,450 housing units – Minister

The Minister of State for Power, Works and Housing, Suleiman Hassan, has said that the Federal Government will deliver no fewer than 2,450 housing units in the first phase of the National Housing Programme of the President Muhammadu Buhari administration. He said the programme involved

Repositioning FMBN for Affordable Mortgage Financing

The aggressive delivery of affordable housing for low and medium income earners appears to be the fulcrum on which the Federal Mortgage Bank of Nigeria (FMBN) is trying to reposition itself for leadership in mortgage financing, reportsNdubuisi Francis READ:ABUJA INTERNATIONAL HOUSING SHOW – THE LARGEST

Couples can use pension savings for joint mortgage loans – PenCom

Nike Popoola Married partners, who have Retirement Savings Accounts with Pension Fund Administrators, will be allowed to use their savings to apply for joint mortgage loans under the Contributory Pension Scheme. READ:ABUJA INTERNATIONAL HOUSING SHOW – THE LARGEST HOUSING AND CONSTRUCTION EXPO IN WEST AFRICA

Nigeria Mortgage Refinance Company chief retires

By David Bukunmi Contrary to a newspaper report, NMRC has said Prof. Charles Inyangete , the Pioneer CEO retired after reaching the age of 60years and having meritoriously served the bank for Three and half years. His retirement has been approved by the board of

FMBN: NHF Loans Have Lowest Interest at 6%

By Ndubuisi Francis and Udora Orizu in Abuja Managing Director, Federal Motgage Bank of Nigeria (FMBN), Ahmed Dangiwa has disclosed that the bank’s National Housing Fund– the individual mortgage loans granted at 6 per cent interest is the lowest and most affordable in the country.

Imperial Homes Mortgage Bank to empower Nigerians

Imperial Homes mortgage Bank has assured Nigerians of its commitment to providing easy and affordable mortgage solutions to address and help reduce the housing deficit in Nigeria. The bank expressed this commitment through a statement released from its corporate headquarters in Lagos. Get your daily

5 key steps in the mortgage underwriting process

You’re ready to take the plunge and buy a home. If you’re like most people, you plan to take out a mortgage to finance the purchase. How exactly does it work? The mortgage underwriting process can be broken down into a few key steps. Get prequalified Your

Concern mounts as Lagos’ new land use charge takes effect

With the signing into effect of the amended Lagos Land Use Charge Law, 2018, the state government has given legal fillip to the implementation of the law alongside its local government areas. The new legislation replaces Land Use Charge Law, No. 11 of 2001. The

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