Home » Tag Archives: capital

Tag Archives: capital

Real estate funds will boost economic activities —Report

real estate funds

The FSDH Research has said that a real estate funds are investment vehicles that can be used to address Nigeria’s housing shortage and encourage economic activities in the real estate sector. FSDH Merchant Bank stated this in its report on ‘Real estate fund — Investment vehicle to address housing shortage in Nigeria.’ It observed that there was a significant shortage ...

Read More »

Real estate investor introduces new dimension for investment

real estate investor

A real estate investor, Lanre Howells, Managing Director, Messrs Beyond Building, has urged Nigerians to move towards a growth that could make them grow wealth exponentially by investing in real estate without necessarily owning a home. He explained that 20 people could own a stake in an estate with the profitability of the investment shared among them. According to the ...

Read More »

FMBN moves to acquire N500 billion capital in 5 years

FMBN

The federal government plans to inject N500 billion into Federal Mortgage Bank of Nigeria (FMBN) putting in N100 billion annually over the next five years as part of efforts to address the housing deficit of the country. Chief executive officer of FMBN, Ahmed Musa Dangiwa, said the mortgage bank was expecting proposals on its recapitalisation, as well as a reorganisation ...

Read More »

Union Bank raises 50 billion capital to accelerate growth

Union Bank

Union Bank of Nigeria (UBN) Plc anticipates improved performance in its business as it begins to deploy about N50 billion new capital raised recently from its shareholders. Chief Executive Officer, Union Bank of Nigeria (UBN) Plc, Mr. Emeka Emuwa, said the net proceeds from the rights issue, which was oversubscribed by 20 per cent, would accelerate the pace of doing ...

Read More »

Top 3 Things To Consider Before Going Into Real Estate Investment

real estate investment opportunity

Real estate investment opportunity is one of the safest businesses in Nigeria that guarantees returns on your investment if you do it well. This article reveals three things you should consider before going into real estate investment. Real estate happens to be one of the three basic needs for human beings to survive in the aspect of shelter. The other ...

Read More »