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Tag Archives: Housing

FHA to partner with Abuja traders to provide 5,000 Housing units

In a bid to provide housing for the informal sector, the Federal Housing Authority (FHA) last week entered into a partnership with traders in Abuja for the delivering of 5,000 housing units in the Federal Capital Territory (FCT). Under the scheme with the National Association of Nigerian Traders, the first phase will start in the site for the proposed FHA ...

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Gov. Amosun explains why Ogun is growing in Housing and Infrastructure

Amid growing interest of firms in the establishment of industries in the Ogun state, authorities have explained that the new drive for housing projects and infrastructure is the best option to provide conducive environment for prospective investors. It was reported recently that over 100 companies have shown readiness to locate their manufacturing outfits in the state, with 32 of this ...

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OSUN Introduce Oranmiyan New Town Scheme

Better days may be in the offing for property investors and prospective homeowners, if developments recently announced by Osun State Government are anything to go by. Last week, the state kick-started a scheme nicknamed Oranmiyan New Town at a parcel of land measuring about 2,572hectares (6340Acres), which was acquired by Chief Obafemi Awolowo as the Premier of the old Western ...

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“I Built My House on a Tight Budget”: Enakeno Atagbaza

This is a testimony of how this man built his house on a tight budget. Having initially thought he wouldn’t be able to build a house anytime soon, he was guided and eventually has become a landlord today. If he could do it, you can also SACK YOUR LANDLORD! Please introduce yourself Sir? My name is Enakeno Atagbaza and I ...

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London overtakes Hong Kong as World’s most expensive city to live and work.

A new research released by an international real estate adviser Savills, revealed that London has become the world’s most expensive city for companies to locate employees, overtaking Hong Kong, which had previously topped the ranking for an unbroken five year period. New York and Paris complete the pack of four leading cities, where the combined costs of renting residential and ...

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HOUSING: FMBN gets 10,596 applications for N48b NHF Loan

IN a fresh move to provide housing for Nigerians, the apex mortgage institution – Federal Mortgage Bank of Nigeria [FMBN] plans to provide National Housing Fund (NHF) loan to 10,596 applicants, worth about N48 billion. FMBN Managing Director, Mr. Gimba Ya’u Kumo, announced the new funding last week during the NDIC year 2014 Sensitization Workshop for operators of Primary Mortgage ...

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N3.2Trn to be generated from Abuja Land Swap Investment – FCT Minister

Lugbe Project

The Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed has disclosed that with the successful implementation of the on-going Abuja Land Swap Initiative, over N3.2 trillion secondary investment is expected to be generated for the Federal Capital Territory. Speaking while receiving the National Executive Committee of the Nigerian Society of Engineers (NSE), led by its President, Ademola ...

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Lagos Embarks On New Housing Projects In Central Lagos Island

Landlord matters Nigeria

Convinced of the positive impacts the urban renewal scheme would have on the state and her residents on one hand, and the entire real estate industry, the Lagos State Government has expressed its determination to ensure its central Island and environs are fully regenerated. Senior officials of the government spoke at the commencement of a two high-rise residential projects within ...

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The ‘Magic’ In Real Estate

Raise the topic of real estate at any gathering today and the question whether housing values are well founded routinely arises. Generally, most people feel very positive about the housing market outlook, as reflected in the results of a recently reported survey that gauges the mood of people from coast to coast. It found that respondents’ views as to the ...

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