Tag Archives: NREH

The Ogun State Government has announced that it is ready to present Certificates of Occupancy and other title documents to another batch of beneficiaries under the Homeowners’ Charter. A statement by the state government quoted the Director-General, Bureau of Lands and Survey, Mr. Biyi Ismail, as saying that 1,000 beneficiaries would be given their documents on Tuesday. The DG said ...

Comedian, actor, talk show host and best selling author, Steve Harvey, is opening up about being homeless at the beginning of his career. His rags-to-riches tale is one of integrity, ingenuity and success. For an interview with People, Harvey revealed that while he’s now amassed an empire estimated to be worth $100 million, he was once homeless and living out of ...

Commercial property sales have slowed in the U.S. this year, but according to Wall Street Journal, Chinese investors are continuing to plow money into the market. So far in 2016, Chinese companies have purchased or are buying 47 U.S. properties worth $9.3 billion, according to deal tracker Real Capital Analytics. That makes them the most active foreign buyers in the ...

The Lagos State Government on Wednesday, in what is set to become a major milestone achievement in its 50 years of existence, signed a Memorandum of Understanding (MoU) to kick-start the construction of the 38km 4th Mainland Bridge, expected to bring a 14-year old dream to reality. The Bridge, which is geared towards economic growth in the State, is expected ...

Senate President, Bukola Saraki, purchased a property in Maitama, Abuja, in 1993, but failed to declare it in 2003 when he submitted his assets declaration form as a newly-sworn in governor in Kwara State, prosecutors told the Code of Conduct Tribunal on Wednesday. Following a week’s break, Mr. Saraki’s alleged false and anticipatory assets declaration trial resumed Wednesday before Justice ...

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola has said the Construction Companies are to re-engage 17,500 workers laid off the sector in the last three years over huge debts owed to them Fashola made this known on a television programme, Good Morning Nigeria, a Nigerian Television Authority programme in Abuja yesterday According to the Minister, “41 ...

The Federal Mortgage Bank of Nigeria and its partner, Federal Housing Authority of Nigeria, have announced the commencement of the construction of 30,000 housing units across the country. According to the FMBN, the N9bn project, which will employ about two million workers from all over the country, will commence this week in Lagos, Abuja, Kano and Port Harcourt. Speaking at ...

A prominent Chicago real estate lawyer is being sued by a creditor that says he fraudulently shielded assets to dodge personal guarantees for more than $21 million in loans. Glenn L. Udell, and his wife, Pamela Udell, both are named in a lawsuit PNC Bank filed May 19 in federal court in Chicago. It alleges the couple conspired to transfer ...

The Federal Mortgage Bank of Nigeria has said that the country needs over N40tn in mortgage finance to address the present housing shortage. The bank, in a document made available to Punchng correspondent, noted that the mortgage finance must be affordable to have the desired effect. According to the bank, homeownership rate in the country is currently at about 25 ...

The Federal Government is set to unveil a Nigerian housing model that will be suitable and acceptable to all Nigerians. Minister of Power, Works and Housing, Mr Babatunde Fashola, who disclosed this at a forum in Abuja, said government is already working on the design in furtherance of the its housing policy. “A lot of work is going on and very ...