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Tag Archives: Nigerian Stock Exchange

Stanbic IBTC throws weight behind REIT

ERCAAN

“INVESTORS in Real Estate Investment Trust, REIT, have received a boost as Stanbic IBTC Holdings Plc has indicated its preparedness to support individuals and businesses interested in long-term investment in the real estate sector. The bank said that in doing so, the industry will play its catalytic role in driving growth and development of the economy.”- Vanguard The bank made ...

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Expert predicts growth in Nigeria’s real estate investment

Expert predicts growth in Nigeria’s real estate investment

“In view of the progress recorded in the real estate investment REIT’s in Africa in 2016, financial experts and real estate practitioners have all expressed the hope of an improved development in 2017, next year and beyond.”- Nigerian Tribune This optimism was expressed at the just concluded inauguration of Real Estate Investment Trust (REIT) in Sub–Saharan African conference, held in ...

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Housing shortage: Fashola canvasses mortgage financing

Nigeria’s electricity reform law

“IN order to overcome the housing shortage in the country, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has reiterated the need for mortgage financing options.”- Vanguard The minister in his key note address at the Nigerian Stock Exchange, NSE sub-Saharan Africa Real Estate Investment Trust (REITS) conference held recently in Lagos also stressed that the demand for advance ...

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Nigerian govt will not use imported materials in housing schemes – Fashola

‘Building and Construction sector can help stimulate the economy’

“The Minister of Power, Works and Housing, Babatunde Fashola, on Tuesday said the Nigerian government would not use imported materials in its housing schemes.”- Premium Times Mr. Fashola said this at the Real Estate Investment Trust, REIT, Conference, held at the Exchange House in Lagos on Tuesday. Represented by a former finance commissioner in Lagos State, Ayo Gbeleyi, the minister ...

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Nigerian Stock Exchange set to host inaugural Real Estate Investment Trust (REIT) conference

ERCAAN

“The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce that it will host the maiden edition  of its Real Estate Investment (REIT) Conference on Tuesday May 23, 2017 at the NSE Event Centre, Stock Exchange House 2/4, Customs Street, Marina, Lagos. The Conference themed “Real Estate Investment Trust in sub-Sahara Africa: The role of The Capital ...

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11th Abuja Housing Show to feature 400 exhibitors

Tackling housing challenge in Lagos

“In the bid to promote affordable housing in Nigeria, not more than 400 local and foreign exhibitors will feature in the 11th Abuja Housing Show, says its convener, Fesadeb Communications Ltd. Mr Festus Adebayo, Managing Director of the organisation, told the News Agency of Nigeria (NAN) in Abuja on Friday that the exhibitors would come from Nigeria and 10 foreign ...

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Federal Government Meets Investors on the Issuance of Sovereign Green Bonds

Green bonds

According to Proshare, “Nigeria is committed to sustainable economic development. The Lagos Event is a concrete step in the process of developing and issuing our 2017 sovereign green bonds program ‘- Amina Mohammed, Minister of Environment Nigeria’s aspiration to become a green economy inches closer as The Federal Government meet investors and Capital Markets Operators in Lagos for the first ...

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Investors in Commercial Property Settle for REIT as Funding Option

REIT as funding option

“Fresh prospects may be available to real estate investors seeking property ownership without the attendant expenses or difficulties of being a landlord. Their hopes rest on statements about the availability of a well-managed Real Estate Investment Trust (REIT), made recently by one of Nigeria’s leading property development companies, Top Services Limited (TSL). Bennett Oghifo writes Top Services Limited (TSL), a ...

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Dangote Cement wins 2015 African Business of the Year

Dangote Cement wins 2015 African Business of the Year

Dangote Cement and Guaranty Trust Bank were among Nigerian businesses recognised at the 2015 African Business Awards held Wednesday at the Four Seasons Hotel in New York, on the sidelines of the UN General Assembly. The Awards, organised by African Business magazine, also honoured top business leaders, including Daphne Mashile Nkosi, Strive Masiyiwa, Helen Hai and Mohammed Dewji. Also commended ...

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HOUSING: FMBN approves mortgage loan for RSL

Resort Savings and Loans Plc says it has secured the Federal Mortgage Bank of Nigeria’s approval for N1.5bn mortgages for more than 125 beneficiaries under the National Housing Fund Scheme. According to the mortgage bank, this comes amid the struggle by the nation to tackle the challenge of providing affordable housing for its citizens. A statement from the company quoted ...

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