Tag Archives: informal sector

Amid concerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand its coverage to capture the ...

The Guardian reports that the Nigeria Mortgage Refinance Company (NMRC) has moved to develop a Uniform Underwriting Standards for the informal sector, which will benefit potential borrowers working in the informal sector and enable them to purchase homes from developers at an affordable cost. According to The Guardian, the Managing Director of the company, Prof. Charles Inyangete who disclosed this at ...

Olufolarin Ogunsanwo, Head of the Lagos State Internal Revenue Service, yesterday said the agency has begun the process of overhauling its informal sector operations to ease voluntary compliance by tax payers and 3 categories of tax payers in the sector have been identified. Mr. Ogunsanwo disclosed this at the LIRS press conference held in Lagos. “His Excellency has also recently ...