Real Estate News

The Governing Board of the Federal Government Staff Housing Loans Board has considered and ratified the partnership of the board with Nigeria Mortgage Refinance Company (NMRC). The Executive Secretary of the Board, Dr. Hannatu Adamu Fika who made this known during the board’s 74th meeting held recently, informed the board that the management in its quest to address the backlog ...

A Nigerian woman named Titi Pierce, who works as a realtor in the US, has filed a Federal lawsuit against US TV host, Ellen DeGeneres for making fun of her name, Titi, on the “What is wrong with this ad” segment of her show aired which aired on February 22nd, 2016. During the show, Ellen displayed an advert sign bearing ...

The Ministry of Power, Works and Housing, Mr. Babatunde Fashola said he is convinced that Nigeria has over the years embarked on unsustainable efforts in housing provision that “must change, and give way to a sustainable and well thought out initiative.” Fashola stated this at the 35th AGM of Shelter Afrique and Housing Symposium, which held in Abuja, recently. “We ...

The Nigerian Institute of Builders (NIOB), developers and other stakeholders, last week, flagged-off a project, known as “Master Craftsman” Initiative. Specifically, the project, which was conceived by the Lagos state Ministry for Housing is meant to train and develop artisans plying their trade in the state. Under the programme, a craftsman will be trained and attached to a reputable building ...

Shelter Afrique, the Pan-African finance institution, has entered into a memorandum of understanding (MoU) with Afro-Asia Shelters International, a subsidiary of the Chicason Group to provide funding worth N44billion for housing development in Abuja. Under the agreement, Shelter Afrique would provide funds for the phase 1 of a 3,000-unit housing estate, while the phase 2 would cost about N5.2billion with ...

The Association of Housing Corporations of Nigerian (AHCN) has revealed plans to introduce training programmes for all professionals in the built environment so as to address the issue of sub-standard houses in the country. The association said the move became necessary as more buildings were collapsing across the country and in Lagos State in particular. The President and Chairman of ...

The youth of Enwagba Enyigba community in Abakaliki local government area of Ebonyi state on Saturday razed the house of a 35-year old man in the area, Paul Nwafor, accusing him of using witchcraft to suppress their progress. The youth, allegedly led by one Uche Oroke and Livinus Akpuru invaded Mr. Nwafor’s house and set it ablaze. Also burnt were ...

The Nigeria Labour Congress (NLC) has asked the federal government to utilize the funds recovered from looters of public assets on rehabilitation of critical infrastructure to stimulate the country’s economy. The federal government on Saturday partially fulfilled its promise to publish specific details of funds traced to and recovered from corrupt former government officials. Although the names of the officials ...

At least, 12 states have responded to a request by the Federal Government to release landed property to her on which the Federal Government intends to construct affordable homes for Nigerians, and thereby reducing the wide deficit gap of shelter in the country. Minister of Power, Works and Housing, Mr. Babatunde Fashola, last week in Abuja, revealed that the plan ...

A 28-year-old artisan in Kubwa, Abuja, was recently defrauded of his computer laptop, mobile phones and unspecified amount of money by a Facebook lover. The victim, a resident of Berger Camp in Phase 2, Site 1, was said to have met the woman through Facebook, where they started internet dating. City News gathered that the woman, who lived in another ...