“Stakeholders in the housing finance industry have inaugurated the Mortgage Warehouse Funding Limited, a special purpose company set up to provide short-term local currency and competitively priced funding to mortgage banks.”- Punch The MWFL, a private-sector driven initiative to enhance mortgage banks’ origination capacity, was incorporated in December 2014 and initially sponsored by a group of eight-member mortgage banks. The ...
Read More »Real Estate
Edo concludes plans to reform its real estate sector, targets new investments
“The Edo State Government has concluded plans to reform its real estate sector with a new roadmap that provides for recertification of estate owners, repossession of abandoned properties and development of new estates across the state.”- This Day The new Executive Chairman of the Edo Development and Property Authority, (EDPA) Isoken Omo, disclosed this at the Government House, Benin City, on ...
Read More »Ogun justifies rejection of more than 60,000 C of O illegal Applications
TVC reports that Ogun state government has justified the reason for the rejection of more than 60,000 C of O illegal Applications under the Home Owners scheme. The Governor, Senator Ibikunle Amosun who was represented by the Commissioner for Urban and Physical Planning, Ronke Sokefun made this known in Abeokuta while presenting title documents to another set of beneficiaries of the ...
Read More »Top 10 Bedroom Designs for Couples
Your bedroom design whilst a bachelor or bachelorette should be quite different to your bedroom design when you married. In this article we take a look at top 10 bedroom designs for couples Does your bedroom lack romance? Discover inspiration in these bedrooms that incorporate decadent bedding, soft lighting and all the essentials for a truly romantic retreat. 1. Luxurious ...
Read More »Traders protest planned market demolition of Utako Ultra-Modern Market in Abuja
“Scores of traders on Wednesday marched to the office of the Minister of the Federal Capital Territory, Muhammed Bello, to protest an alleged attempt to demolish the Utako Ultra-Modern Market in Abuja.”- Premium Times The traders said that the Abuja Municipal Area Council, AMAC, had moved in equipment to demolish the market to pave way for a private firm, M.N. ...
Read More »What You Need to Know About Off-Plan Deals
Off-Plan Deals are processes that involves paying for a piece of real estate property before the property is ready, sometimes before the developer or builder even moves to site. Invariably, you get to pay for that piece of property over time while construction is going on. Hence in most cases your completion of payment coincides with the completion of construction ...
Read More »Impact of Oil Spills on Coastal Areas in Nigeria
Earlier this week, it was reported in the Vanguard that “The Movement for the Survival of Ogoni People, MOSOP, expressed fears over the continuous deferral in the commencement of the actual cleanup of Ogoni land. MOSOP stated that Ogoni lands and water were still polluted, adding that the people could not resume fishing and farming due to the delay in ...
Read More »Governor Abubakar allocates 30 hectares of land for ”Games Village”
“Niger Government on Wednesday announced the allocation of 30 hectares of land to Zungeru Polytechnic for the construction of games village through public private partnership.”- NTA The Rector of the Polytechnic, Dr Umar Ahmed, made the disclosure in a telephone interview with News Agency of Nigeria (NAN) in Minna on Wednesday. “ We have a master plan designed for construction ...
Read More »Luxury Villas Group set to host FREIA
“Irrespective of the recent recession, the domestic property market has continued to attract investment opportunities. Stakeholders in the property sector at several times have attested to this, explaining that the real estate market has become a point of convergence for players from different sectors.”- The Nation The effect of this, experts say, is the steadily increasing investment in real estate, ...
Read More »NRC says they will deliver Lagos-Ibadan standard gauge rail in 2018
“Despite issues of right of way and others impediments slowing down work on the ongoing construction of a new Lagos-Ibadan standard gauge rail, the Nigerian Railway Corporation has said there is no going back on the December 2018 delivery date.”- Punch The Chairman of the corporation, Usman Abubakar, gave the indication on Tuesday in Lagos after a meeting of the ...
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