Tag Archives: investment

Mrs. Ibukun Adebayo-Adedayo, a financial adviser, has urged the youths to embrace the mortgage policy to own their homes early in life instead of paying rents for the better part of their lives. She explained that money spent on rent payment could be better channeled in mortgage finance in order to own a home and live a stable and accomplished ...

The system of owning a house through a housing cooperative society in Nigeria has its own perks and advantages on a good day, but it also has its disadvantages. Right now, one of the surest routes to owning a home in Nigeria is to go the cooperative society way. However, it is one that is less traveled by many, despite ...

Part of the events lined up for Realty point Limited 13th year anniversary (#RPLat13) is to appreciate their loyal customers. Mr. and Mrs. A. Akerele have been doing business with realty point limited for years without having the cause to visit their office for once. One of our correspondents, Rianat, spoke with them and here is what they have to ...

About N224.30 billion of pension funds representing about 2.89 per cent of pension assets has been invested in the real estate sector of the economy going by statements from the National Pension Commission (PenCom). PenCom’s decision followed pressures from stakeholders urging the regulator not to allow pension funds to be lying idle in the vault but to allow Pension Fund ...

The Lagos State Branch Chairman of the Chartered Institute of Bankers Nigeria (CIBN)/Managing Director, Brent Mortgage Bank, Kola Abdul, has said that improved rail system and energy sector which includes power transmission, gas and petrol, have huge potentials to attract and retain large investments. While speaking at the yearly general meeting of the Lagos Chapter of CIBN, in Lagos, Abdul ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on government at all levels to invest more in the provision of real estate and infrastructure to boost the nation’s economy. The National President of the Institution, Dr Bolarinde Patunola-Ajayi, said this on Tuesday at a news conference to showcase activities for the 48th annual conference and Annual General ...

The Federal Government is investing N16.6 billion of the N100 billion Sukuk Bond for rehabilitation of some roads in the South East geopolitical zone. The News Agency of Nigeria (NAN) reports that the Federal Government had in October, 2017 released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects across the country. The Director of ...

Following the flag-off of the new Ogba Multipurpose Shopping Complex, initiated by the present Chairman of Ojodu Local Council Development Authority, Olumuyiwa Julius Oloro,  a property developer, Kehinde Fajana, and  CEO of Eliezer Investments Limited, it was promised that the complex will be delivered on time. Financed by Jubilee Life Mortgage Bank, Fajana said Eliezer Company intends to project the ...

The Federal Government has invested over N6 billion to develop infrastructure at the Maritime University, Okerenkoko, Delta State. In 2017, President Muhammadu Buhari approved an increase in the take-off grant allocated to the university from the N2 billion earlier announced to N5 billion. This sum was included in the 2018 budget presented to the National Assembly in November 2017. Similarly, ...

Perturbed by the high level of homelessness among Nigerians, the Federal Government has been urged by real estate experts to establish a housing microfinance fund or shelter fund to provide affordable houses for those in need of accommodation. Establishment of housing microfinance fund, according to Social Housing Activist and International Housing Finance Specialist, Mr. Adekunle Faleti, will enable low-income earners ...