Tag Archives: housing industry

This Day reports that the Federal Mortgage Bank of Nigeria (FMBN) has expressed its displeasure over the creation of parallel housing finance programmes by the World Bank, saying it will  lead to duplication of efforts on the part of government and other stakeholders. The Managing Director, FMBN,   Ahmed Dangiwa expressed concern while receiving World Bank team in his office in Abuja recently, ...

“The volume of financial packages in the forms of loans and mortgage finances, which Nigerian banks traditionally provide to the country’s housing industry remain very low and yet to pick up from the country’s decent into an economic recession, the Nigerian Institute of Architects (NIA) has indicated.”- This Day According to NIA, though the federal government had insisted that Nigeria ...

In a country where only few houses are home-worthy, it shouldn’t be hard to tell a quality housing. However because of our constant exposure to economic hardship and poverty our idea of quality housing may have been compromised. So when a Nigerian says he lives in a house of high quality; a house that lives up to expectations and the ...