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Tag Archives: finance

Experts: Finance, land biggest impediments to housing


Property developers have identified finance, land, and infrastructure among others as biggest impediments to affordable housing development in Nigeria. According to the General Manager, Building Services, Urban Shelter, Muktar Aliyu, the problems of finance, land, and infrastructure in real estate development should urgently be addressed by government. To solve the problem of finance, some of the experts, who spoke in ...

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How to Invest In Real Estate With Little or No Money

real estate

When you invest in residential real estate, you are getting more than a home or a piece of land upon which to build a home. Real estate investment has become a popular way for people to make money, and it is not uncommon to buy a house or land without any intention of living there. Some people simply buy and ...

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Mortgage operatives propose new ways to finance housing institutions

Housing institutions

After an initial effort that eventually turned out to be a ‘false start’, a fresh move to facilitate the mobilization of fund for the provision of houses for Nigerians at affordable prices may be in the offing. The move would rejuvenate mortgage sector as part of the wider plans of overhauling housing financing institutions in the country. Coming under the ...

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A Brief Review of the Real Estate Industry in Nigeria

Real estate Industry

The real estate industry in Nigeria has come of age albeit it still struggles for a strong foothold. This article talks on how the real estate industry in Nigeria is being overlooked despite its immense potentials. Real Estate connotes an entity consisting of land and buildings on it in which resides some value of economic worth. In other words, it ...

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How To Get Finance For Your Real Estate Business

Debo Adejana Real Estate Seminar

Finance is very essential in every business venture and real estate business is no exception. If you are considering finance for your real estate business then this article is for you! A lot of people believe real estate business requires a huge capital, while that is somewhat true, I am about to show you some of the ways you can ...

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Mortgage firm promises affordable housing for Akwa Ibom civil servants

Mortgage firm promises affordable housing for Akwa Ibom civil servants

Management of Akwa Savings and Loans Limited has promised to partner with the Federal Mortgage Bank of Nigeria (FMBN) to provide affordable houses for Akwa Ibom civil servants. The Guardian reports that the Managing Director and Chief Executive Officer of the bank, Mr. Ebong Bassey disclosed this when the management team of the bank, paid the wife of Akwa Ibom State Governor, ...

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Innovative strategies for housing in Nigeria

African union for housing finance

Reducing housing deficits requires a number of essential ingredients to be in place to ensure a well-functioning housing finance system. This means achieving macroeconomic stability, effective legal and regulatory infrastructure, and ensuring appropriate levels of government intervention and support. In Nigeria with its underdeveloped housing finance systems or systems that only provide access to finance for high-income households, forcing low-income ...

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