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PENCOM introduces Mortgage synergy to allow contributors own their homes

The National Pension Commission, PENCOM, has called on States and local government areas in the South-East region to expedite action towards full implementation of the Contributory Pension Scheme, CPS. The Director General of PENCOM, Mrs. Chinelo Anohu-Amazu, who gave the charge on Thursday in Enugu at a sensitization workshop held for the people of South-East, expressed concern over the low ...

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Number of homeless youth in the UK exceeds government figures

According to a major new study by housing experts at Cambridge University the true number of young people who are homeless far exceeds government figures. Some 83,000 homeless young people have had to rely on councils and charities for a roof over their heads during the past year – more than three times the 26,852 young people recorded in homeless ...

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Federal High court orders former Governor to Forfeit multibillion naira property

A Federal High court in Lagos has ordered that four companies associated with former Enugu State governor, Chimaroke Nnamani, be forfeited to the Federal Government. The four companies – Rainbownet Nigeria Limited, Cosmos FM, Capital City Automobile Nigeria Limited and Renaissance University Teaching Hospital – were convicted by a judge of the Lagos court, Mohammed Yinusa, on Tuesday after pleading ...

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How to effect land excision in Lagos State

A lot of people have issues understanding what excision means. This is why I have decided to help out by writing this article on how to effect land excision in Lagos State. A portion of land is said to be excised if such has been legally released through a government gazette to the indigenous settlers. The Land use act of ...

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New York: Sears raises $1.7B in spinning off real estate

new york

Seritage Growth Properties, the real estate spinoff of Sears Holdings Corp, made its debut Monday on the New York Stock Exchange and estimated it had raised about $1.6 billion from the offering. Sears, which is dealing with slumping retail sales, formed the real estate investment trust to extract more revenue from its properties. It plans to sell and lease back ...

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Reasons behind FCTA establishment of Mass Housing Department – CHUKWU

Lamudi in partnership with Imperial Homes to improve Mortgage access

The FCT Administration has created the Mass Housing Department to address the housing needs in the Federal Capital Territory and reduce the springing up of slums.   The FCT Permanent Secretary, Engr. John Obinna Chukwu FNSE, made this disclosure at the opening ceremony of the Abuja Housing Show on Monday at the International Conference Centre.   The Permanent Secretary reiterated ...

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How termites can destroy your home

Guess what else can lead to the collapse of that building of yours…A relentless real estate property agent in the nuisance category. Termites are tiny wood-boring insects that are silent killers to homes and other buildings; their preoccupation is destruction. They have been around since the beginning of time because they are adaptable to ever-changing environments. Their ability to cause ...

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