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FG waives 10% payment on housing mortgages below N5m

As a demonstration of its commitment to provide affordable housing to Nigerians, especially the low income earners, the Federal Government has approved 10 percent waiver on housing mortgages below N5 million for Nigerians. Source: Vanguard. Read more

EFCC urged to wade into Abuja mass housing imbroglio 

Tension remains high between about 300 house owners, under the platform of Winning Clause Estate Residents Association at Plot 67 Kafe District, Gwarinpa Extension, Abuja and a developer, Chief Oby (Obiageli) Okwubanago, over ownership of the land housing the sprawling estate. Source: GuardianRead More       

Fresh fears over Lagos Island CBD high-rise commerial property as fortunes dip

More than a decade after Lagos authorities restored sanity to the changing commercial real estate values in the heart of the Lagos Island business district, some of the property owners are yet to recover from the exodus of tenants from the city. Source: Guardian. Read More

Property market not likely to bounce back soon 

Chief Kola Akomolede is the Vice President, Africa, International Real Estate Federation (FIABCI). In recent interview, he says that with the absence of free money, rents and prices of properties will become stable. Source: Punch. Read More

Imo NHF contributors to get allocation in new scheme 

Succour may be in the offing for some contributors of the National Housing Fund (NHF) in Imo State, if recent pronouncements by the Federal Mortgage Bank of Nigeria (FMBN) are anything to go by. Source: Guardian. Read More

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