Home » Real Estate News (page 489)

Real Estate News

Dangote’s 42.5 Cement Grade Gets Endorsement

Cement dealers and distributors in the South-west have endorsed the newly packaged Dangote cement’s 42.5 grade (3X) and expressed optimism that the entry of the product into the market would help sanitise the building and construction industry.   Phoning in from different states in the region during a live Yoruba programme, Owuro lojo, on Radio Nigeria’s Gold FM in Ilesha, ...

Read More »

Nigeria Becomes Africa’s Largest Economy Overnight

Does the continent’s most-populous country deserve its new title? Recently, Nigeria became Africa’s largest economy by recalculation of its GDP (Gross Domestic Product). How did this happen, and what are the implications? Here is an article by URI FRIEDMAN about it. Please comment after reading, we would love to have your thoughts afterwards. credits: www.crudeoildaily.com Something strange happened in Nigeria on Sunday: The ...

Read More »

Outline of the Nigeria Mortgage Refinance Company (NMRC)

NMRC was established to bridge the funding cost of residential mortgages and promote the availability as well as the affordability of good housing to Nigerians by providing increased liquidity in the mortgage market though the mortgage and commercial banks. The company is driven by substantial private sector participation consisting of commercial banks, primary mortgage banks, insurance companies, private equity investors ...

Read More »

Nigerian Federal Government Promises 10,000 Housing Project

multi-million dollar hospital

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, unfolded the Federal Government’s plan to collaborate with other stakeholders in the housing sector to deliver about 10,000 housing units this year. The minister announced this at the inaugural Housing Stakeholders’ Implementation Summit in Abuja which held on March 23, 2014, where she also defended the government’s ...

Read More »

Interview with Jide Odelola; Vice President APICAN pt 2

NREH: Yes! Are you not taking money? NREH: Currently, our paper is online and we are more interested in the stories than in collecting money. Okay, but I need you to understand me. If somebody comes in here now and says he’s looking for a house and I get him a house, he’s supposed to give me whatever is due ...

Read More »

Nigerian FG Asked to Reduce Influx Of Expatriates

Construction and Civil Engineering Senior Staff Association, CCESSA, has called on the Federal Government to as a matter of urgency to do something about the high influx of expatriates in the nation’s construction industry, as well as to stop the tide. President of the union,  Mr. Augustine Etafo and General Secretary Mr Ezekhumhe George, in a statement on Monday said that ...

Read More »

Dubai’s Arabtec Signs Deal to Build A Million Egyptian Homes

Arabtec Holding has signed a $40 billion deal with Egypt to construct one million middle-income homes in various locations throughout Egypt. Under the agreement, Arabtec Real Estate, a recently formed subsidiary, will develop one million housing units in thirteen locations, delivered in phases over a span of five years, according to a company announcement. The value of the overall development ...

Read More »