In a renewed effort to build public confidence as well as engender soundness and stability in the mortgage banking sub-sector of the Nigerian banking industry, the Central Bank of Nigeria (CBN) has established a Sub-committee on Ethics and Professionalism for Mortgage Bankers. The sub-committee which is a self-regulatory body is the Alternative Dispute Resolution (ADR) Platform/Financial Ombudsman for the mortgage ...
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Court denies bail to two MDs over 120M property scam
Justice Mojisola Dada of an Ikeja Special Offences Court, Lagos has refused bail to two Managing Directors (MDs), Samuel Okeke of Samadores Ltd and Aqua Rock Real Estate, and Ifeanyi Ndigwe of Icon Communications Ltd over property scam. The trial Judge rejected their applications following opposition from the Economic and Financial Crimes Commission (EFCC). Okeke, Ndigwe, and the Managing Director ...
Read More »Developer pledges to complete New Ogba shopping complex in 18months
Following the flag-off of the new Ogba Multipurpose Shopping Complex, initiated by the present Chairman of Ojodu Local Council Development Authority, Olumuyiwa Julius Oloro, a property developer, Kehinde Fajana, and CEO of Eliezer Investments Limited, it was promised that the complex will be delivered on time. Financed by Jubilee Life Mortgage Bank, Fajana said Eliezer Company intends to project the ...
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