Category Archives: World

Affordable Green Housing For Nigeria

An estimated 80% of Nigerians live in indecent, informal housing structures with no basic amenities and in deplorable conditions. Only few own the house that they live in. Chinwe Ohajuruka set out to prove to the Nigerian authorities and to communities in Port Harcourt in

A Comparative Analysis of Housing Indicators in China and Nigeria

In our previous review of “Nigeria’s journey towards sustainable housing provision”, we highlighted several housing indicators in the areas of housing deficit, mortgage interest rate, mortgage down payment rate and repayment period, policy reforms, cost of housing, which were used to explain the current state

Africa needs $170bn annually to meet infrastructure requirement – AfDB

The African Development Bank (AfDB) says Africa needs about one hundred and seventy billion dollars annually to meet its infrastructure requirement. Get your daily housing news on your mobile phone : Download from goggle playstore Now Prof. Vincent Nmehielle, Secretary General of the bank disclosed

CBN Seals $2.5bn Currency Swap with China’s Central Bank

Obinna Chima The Central Bank of Nigeria (CBN) has signed a $2.5 billion bilateral currency swap with the Peoples Bank of China (PBoC). READ:ABUJA INTERNATIONAL HOUSING SHOW – THE LARGEST HOUSING AND CONSTRUCTION EXPO IN WEST AFRICA Confirming the swap, which has taken two years

8th Global Housing Finance Conference

The World Bank Group will hold its 8th Global Housing Finance Conference on May 30 – June 1, 2018. The theme of the conference is “Breaking the Mold – New Ideas for Financing Affordable Housing” and we will explore innovative ideas around the role housing

Global house prices increase by 4.6 per cent

House prices worldwide increased by 4.6per cent in 2017, led by Iceland and Hong Kong, but their rate of growth has slowed while European housing markets are rising up the rankings, the latest global index shows. Overall some 85per cent of the 59 countries tracked

A Comparative Analysis of Housing Indicators in China and Nigeria

In our previous review of “Nigeria’s journey towards sustainable housing provision”, we highlighted several housing indicators in the areas of housing deficit, mortgage interest rate, mortgage down payment rate and repayment period, policy reforms, cost of housing, which were used to explain the current state

How People In China Afford Their Outrageously Expensive Homes

I was surprised when the owner of the run-down, 82 square meter apartment outside of the core downtown area of Xiamen that I once rented told me that he was selling it for nearly US$300,000. The apartment was in a well-worn 15 year old building

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