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FG to resuscitate FMBN with N500bn 

The Federal Government has  set aside N500 billion to resuscitate the Federal Mortgage Bank of Nigeria (FMBN). The Minister of State for Power, Works and Housing, Mustapha Baba-Shehuri, made the disclosure  in Lafia when he visited the site of a National Housing Project (NHP). Source: Daily Trust. Read more 

Property value drops in Abuja, Lagos low-income areas 

Recent hopes of a rebound in property investors’ sentiment were dashed last week, when an independent organisation’s house prices index suggest that demand is being affected by recession in most of the areas in Abuja and Lagos. Source: The Guardian. Read More       

Experts seek global best practices in building construction

Fellows of the Nigerian Institute of Building have called on professionals in the built environment to embrace global best practices in performing their duties. A past President of the NIOB and former Special Adviser to the President. Source: Punch. Read More

Recession: Building artisans find survival in farming transportation 

With many construction projects on hold due to lack of funds, many artisans who work on contract basis and have been lying idle for months are now devising new means of survival and providing for their families.. Source: Punch. Read More

Developer launches Orange Ville Residences, others

If the projections of a Lagos-based estate construction company come to pass, the firm will in a few months time, commission three estates comprising 50 units of apartments located in Lekki Peninsula along the Victoria Island – Ibeju Lekki corridor. Source: Guardian. Read More

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