Tag Archives: NREH

Officials of the EFCC on Wednesday sealed the offices of TFG Real Estate, the Nigerian agent of The First Group, situated on the seventh-floor of the Bank of Industry building in the Central Business District, Abuja. The anti-graft operatives had in May 2016 raided the firm’s offices as part of investigations into the alleged property fraud. The Dubai-based real estate ...

A delegation from the Headquarters of the African Development Bank (AfDB) in Abidjan, led by Mr. Mwila Aeron Katambula, the Bank’s Transport Specialist, is currently in Abia State for the final lap of talks between Abia State Government and AfDB on some developmental projects of interest to the bank in Abia State. The state Governor, Dr. Okezie Ikpeazu, who received ...

The Nigerian Mortgage Refinancing Company on Tuesday in Abuja said it had so far injected the sum of N6 billion to the mortgage market in order to reduce the housing deficit in the country. The Managing Director of NMRC, Prof. Charles Inyangete, gave the figure while speaking during the signing of a Memorandum of Understanding between the agency and the ...

There are fresh increases in the prices of cement-based products effected recently by the manufacturers. The prices of cement were recently reduced by Dangote Cement Plc, a leading producer of cement in the country by approximately 40 per cent. The move by the market leader slashed cement prices from about N2, 000 or N1, 850 to a price as low ...

Nigeria Mortgage Refinance Company PLC (NMRC) has signed a Memorandum of Understanding (MoU) FMDQ OTC Securities Exchange (FMDQ) to deploy intermediate long-term fund from the capital market for the provision of affordable housing. The signing ceremony of the MoU was held in Abuja at the office of the NMRC. Speaking during the event, the Managing Director/CEO NMRC, Prof. Inyangete Onadele ...

In an exclusive interview with Vanguard, Mr. Kennedy Okonkwo, Chief Executive Officer of Nedcomoaks, a Lagos-based real estate development company, revealed that the growing demand for housing across all strata of the society is so huge that the industry cannot satisfy the demand. According to Okonkwo who started real estate business as an estate agent, it is difficult to churn ...

A late night flood on July 4 destroyed no fewer than 52 houses in Wurno, headquarters of Wurno Local Government Area of Sokoto State. The Chairman of the local government council, Abdulkadir Jelani, disclosed this in Sokoto on Sunday while addressing journalists. Mr. Jelani said, “The problem was aggravated by the blockage of some drains in the town and its ...

The speaker of the House of Representatives, Yakubu Dogara, has described the scale of corruption in Nigeria as unimaginable. Dogara said this while speaking at a meeting with newspaper editors in Abuja on Saturday July 9th. According to him, the Anti-graft agency is currently recovering billions of Naira that was buried on a farmland in Abuja “If I am just ...

PropertyBank has announced Foluké as their brand ambassador. Foluké is an Artist, Singer and a Songwriter. She was born and raised in Toronto, Canada to Nigerian Parents from Ogun state. She grew up in a Christian home where her passion for singing started at a young age. Like so many others, her singing career kicked off in Springs of Salvation ...

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has said that the federal government plans to undertake a comprehensive geographical survey of Nigeria’s landed resources to determine their value and components for future economic development plans. He also said the government will embark on another round of housing survey in the country to determine who it should ...