Tag Archives: NREH

Shelter Afrique has invested over $16 million; about N315.2 billion in the nation’s equity market in the last three years. Out of these equity investments, $13 million, about 256.1 billion was invested in credit lines for on-lending for mortgage while $3 million, about N591 million was invested in the Nigerian Mortgage Refinance Company, NMRC within the same period under review. ...

The Ministry of Power, Works and Housing is set to convene the first National Summit on Affordable Housing. A statement signed on last Wednesday in Abuja by Mrs Eno Olotu, Assistant Director of Information of the ministry, stated that the summit would commence today, June 27 to June 28, 2016. It said that the summit is being organised in collaboration with German Development ...

The Chief Justice of Nigeria, Justice Mahmud Mohammed, has inaugurated a disciplinary tribunal for Architects. A statement by the CJN’s media aide, Ahuraka Isah, said that at the inauguration, the chairman, secretary, members and assessor of the tribunal took oaths of office administered by Justice Mohammed. The current President of the Architects Registration Council of Nigeria (ARCON), Umar Aliyu, was ...

It is no longer news that the Buhari led government has taken the fight against corruption in the country as top on its priority list and from news making the rounds, it’s safe to say they are making progress by recovering some of our looted funds and properties. To some, recovering looted funds should not be the ultimate goal. The ultimate ...

The Economic and Financial Crimes Commission, EFCC, on June 14, 2016 arraigned prison inmate, Usman Umar before Justice Idrisa Kolo of the Federal High Court, Kano, on a two-count charge bordering on obtaining by false pretence.   Umar, who is currently serving a four-year jail term for a separate offence for which he was prosecuted by the EFCC, was arraigned ...

The Independent Corrupt Practices and Other Related Offenses Commission (ICPC), has endorsed the measures introduced by the Federal Housing Authority (FHA) to simplify its procedures meant to block leakages and eliminate corruption in its operations. Such measures include the establishment of a Central Land and Property Registry (CLPR), which is being upgraded to the FHA Geographic Information System (FHAGIS); creation ...

Japanese developers and private equity investors are looking to enter Indian real estate market and could invest at least USD 2 billion over the next three years in residential as well as industrial projects, says JLL. Realty consultant JLL India said in a report that the country is emerging as major investment destination for Chinese and Japanese developers. China’s biggest ...

Former Minister of Aviation Osita Chidoka and his family over the weekend donated a Hall to the Anglican church where the matriarch of the family wedded in 1925. “Juliana Obumnwe Chidoka Hall donated by the Chidoka Family as a monument to the memory of our matriarch and more importantly as a multi-generational reminder of our heritage and acknowledgment of our ...

Chicago property tax bill is likely to increase by about 13%. The Cook County Clerk’s office released the 2015 property tax rates on Monday for the entire county. While the northern and southern suburbs of Cook County can expect a slight tax bill increase of 1.7 percent and 2.1 percent, respectively, Chicago’s property tax bills will rise by 12.8 percent. ...

Immediate past President of Nigeria, Goodluck Jonathan has denied owning a £15m property in the United Kingdom and demanded a retraction from the UK SUN over an article by its former Editor, Kelvin Mackenzie, alleging in his Saturday column that the ex-Nigerian leader had bought the property in Surrey. He had written, “I hear the aptly named Goodluck Jonathan, the ...