Executive Secretary, Dr James David Lulu presenting the National Accessible Regulations for Persons With Disabilities to the Honourable Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa and his State Counterpart, Abdullahi Tijjani Gwarzo during a courtesy visit to the ministry by the National Commission for Persons With Disabilities on Tuesday, 30th July, 2024 The Federal...
The Alcazar Roseline Concept Group (ARC) Ltd, a pioneer in sustainable and affordable real estate solutions, especially among Nigerian youths, has applauded the Federal government’s groundbreaking initiative through the Senate Housing Committee’s recent endorsement of a N500 billion annual allocation for the Renewed Hope Cities and Estates Program. The programme was launched by Bola Ahmed Tinubu,...
Managing Director and Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi has given the assurance of the Bank's readiness to kickstart the NHF Diaspora Mortgage Loan scheme in the coming weeks, noting that the Bank has finished sorting out the technical details with other partner bodies like the Nigerians in Diaspora Commission (NiDCOM). He made this known on Thursday, 25...
The Nigeria Mortgage Refinance Company Plc (NMRC) has accessed the capital market three times to refinance mortgages worth over N32 million. The firm also said it provided long-term liquidity to both primary mortgage and commercial banks to moderate the rise of mortgage interest rates in the country. NMRC’s Chief Executive Officer, Mr. Kehinde Ogundimu, who stated this at the 9th yearly general...
The Nigeria Mortgage Refinance Company Plc (NMRC) has accessed the capital market three times to refinance mortgages worth over N32 million. The firm also said it provided long-term liquidity to both primary mortgage and commercial banks to moderate the rise of mortgage interest rates in the country. NMRC’s Chief Executive Officer, Mr. Kehinde Ogundimu, who stated this at the 9th yearly general...
The real estate and construction sector have continued to grapple with multiple effects of depreciation in the country’s naira value, as cost of raw materials, labour and transportation and contracts skyrocket. But despite the naira hitting an all-time low of N810 against the dollar, Nigerians are hopeful of a silver lining, as a weaker naira against the dollar makes investing cheaper for...
Introduction The real estate industry is a dynamic and ever-evolving sector that plays a significant role in the economy of Lagos State, Nigeria. As a real estate agent, you're well aware that this industry is often surrounded by myths, misconceptions, and half-truths. In this blog, we'll dive deep into the realities of the real estate industry, shedding light on the truths that both buyers and sellers...
The world of real estate is often perceived through the lens of glossy property brochures, lucrative deals, and a promise of financial prosperity. As a real estate agent in the vibrant and dynamic city of Lagos, Nigeria, I'm here to peel back the layers and shed light on the truths that truly define the industry. Buckle up, as we delve into the unfiltered realities of the Lagos real estate landscape....
Introduction Real estate is a dynamic and multifaceted industry that has captured the hearts and minds of countless individuals around the world. From the thrill of the hunt for the perfect property to the satisfaction of turning a neglected house into a beautiful home, there are myriad reasons to fall in love with real estate. In this blog, we'll explore why I, and many others, have developed a deep...
Error: Operating without a well-defined investment strategy. Introduction Real estate investment is a dynamic and potentially rewarding field. However, like any venture, it comes with its share of pitfalls. Knowing and avoiding common errors is key to ensuring your success as a real estate investor. In this blog, we'll explore ten common errors in real estate business development and provide practical...