The President of the International Real Estate Federation, Nigeria, Lagos Chapter, Akin Opatola, has stated that Nigeria ranks high in the cost of a Certificate of Occupancy. He disclosed this during a press briefing on a World Habitat Day roundtable discussion, themed, “Engaging Youth to Create a Better Urban Future”, in Lagos recently. He said, “The issue of housing...
Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa, has disclosed plan of the ministry to construct building materials manufacturing hubs in six geo- political zones of the country. Dangiwa made the disclosure when he received the Executive Chairman, Zheng Xiaopeng and Vice Chairman, Yiwu China- Africa Business Council, High Chief Mike Yousuf Ugwu, on a courtesy visit...
As we celebrate Investors Week 2024, it's essential to highlight the significance of real estate investment in building financial security and generating wealth that lasts for generations. Real estate has consistently proven to be a lucrative and stable investment option, offering numerous benefits that can safeguard one's financial future. Why Real Estate Investment? 1....
Real estate investing may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be highly profitable and lead to much better quality of life. There are several keys to making significant profits in real estate investing deals. And when the deals are profitable, you will certainly be well on your way to success. For real...
The Ministry of Finance on Tuesday unveiled plans for a market-driven mortgage fund aimed at expanding access to affordable homeownership in Nigeria. Spearheaded by the Minister of Finance, Mr. Wale Edun, the initiative is part of the One Million Homes Presidential Initiative. The fund, known as the Ministry of Finance Incorporated Real Estate Investment Fund, is designed to...
One thing that many people do not realize is that to invest in real estate is a process. They don't realize that because they often only see the end result – a prosperous person with a Midas Touch, or a person who always finds themselves in an avalanche of great deals. They think the person is simply lucky. Someone who has truly begun their own real estate journey knows,...
The Nigeria Mortgage Refinance Company has restated its commitment to providing interim housing data to aid decision-making, aimed at addressing the country’s housing deficit. The Chief Executive Officer of NMRC, Kehinde Ogundimu, stated this during the inauguration of a new joint steering committee on housing data in Abuja recently. To ensure the continuity of data provision,...
Why bother with “mindset?” Simple. Because the cost of NOT adjusting your mindset is outrageously expensive (in opportunity loss)! If your mind isn't conditioned to think like a wealth-building investor, you are like a sailor paddling around in a boat with holes in it. If you bail water quickly enough, you'll keep it afloat, but you will eventually tire…and sink! ALL...
Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has inaugurated a 13- member Steering Committee on the National Housing Data Centre in Nigeria, Tuesday, August 20th, 2024. Speaking at the inauguration, Arc.Dangiwa stated that fixing Nigeria's housing data problem is a top priority under the Renewed Hope Agenda of President Bola Ahmed Tinubu. He explained that the...
The Federal Mortgage Bank of Nigeria (FMBN) has disclosed that it has so far disbursed over N440 billion in various housing schemes and has refunded over N84 billion to persons exiting the National Housing Fund (NHF). Speaking in Abuja on the occasion of the FMBN Day at the 18th Africa International Housing Show , Managing Director and Chief Executive of the bank, Mr Shehu Osidi,...