Mortgage market still waiting for MBAN and the Sukuk model

The saying that Nigeria is never in lack of good ideas but implementation is a fact and it is reflected in virtually every facet of the country’s life- economic and political; at individual and institutional levels. From public and private sector operators, Nigerians have seen brilliant ideas that, if implemented, could turn around the economy …

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‘Developing rural areas’ll solve housing problem’

The Chief Executive Officer, West African Ceramics Limited, Mr Bhaskar Rao, has said developing Nigeria’s rural areas will resolve the housing, insecurity and unemployment crisis in the country. According to him, leaving the rural areas underdeveloped will continue to encourage migration which will put pressure on urban centres.

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Reinforcing commitment to real estate cover

Nigerian underwriters have every reason to step up action as regards building and property insurance, as more construction and development sites spring up across the country. Sunday Ojeme reports

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Osinbajo, others for Archibuilt expo in Abuja

The Vice President of Nigeria, Prof. Yemi Osinbajo, and other eminent personalities are billed to attend the 30th edition of Archibuilt exhibition being organized by the Nigerian Institute of Architects (NIA).The exhibition, an annual event, will hold between Wednesday, August 28 and Saturday, August 31 at the International Conference Centre, Abuja.

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Why conveyance laws are critical to property owners

Experts recently called for more education and dissemination of property laws to facilitate its understanding by small investors. This is because they get affected the most when property companies go under. They also risk losing personal property due to uncertainty on the authenticity of land titles.

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Single Women Now Largest Property Buyers In South Africa

Since time immemorial, many African women have not had the chance to own property due to cultural limitations. Different states have attempted to intervene by introducing new laws to enshrine gender equity in property ownership, but the deep-rooted culture has often superseded.

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Surveyors push for blockchain technology in real estate

Experts have canvassed the deployment of blockchain technology to advance transactions, the profession and boost transparency between practitioners and clients. According to them, the use of the technology would go a long in mitigating severe lack of transparency, closeness of the sector to certain people, high taxes/investment fees, lack of liquidity in the industry, delays in transaction speed and issues of pricing commitments

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African Capital Alliances Principals refute claims of indebtedness to AMCON

Afolabi Oyedeji Oladele, has refuted reports naming him and and two retired principals of African Capital Alliance, Paul Kokoricha and Kisito Okpere, as debtors to AMCON. According to Oladele, a list reportedly released by AMCON naming its biggest debtors had wrongfully included their names as they have no connections with Minaj Holdings Limited, a named …

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FMBN to build 3,700 housing units across states, FCT

Ahmed Dangiwa, Managing Director, Federal Mortgage Bank of Nigeria (FMBN), said the bank will build 100 housing units in each state and the Federal Capital Territory to address housing deficit in Nigeria. Mr Dangiwa said this in Abuja on Thursday when Isa Pantami, the Director-General of National Information Technology Development Agency paid him a courtesy visit.

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Woolworths Quits Ghana in Second Retreat from West Africa

Woolworths Holdings Ltd. has pulled out of Ghana, the second time in six years the upmarket South African retailer has exited a market elsewhere on the continent. The seller of designer clothing and organic food closed its two stores in the West African country, the Cape Town-based company said in an emailed response to questions. The retailer is “experiencing healthy growth” in the majority of African markets where it continues to trade, it said.

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