REDAN President Inaugurates REDAN-FMBN Liaison Committee to Foster increased Collaboration
President, Real Estate Developers Association of Nigeria, (REDAN), Akintoye Adeoye has inaugurated the REDAN-FMBN Liaison Committee in a bid to further spur increased Collaboration between both Organizations. The Inauguration of…
Canada Launches $1.5 Billion Co-operative Housing Program
Housing Minister Sean Fraser has announced the rollout of a $1.5 billion co-operative housing development program, a key commitment from the federal government’s 2022 budget. Speaking in Winnipeg on Thursday,…
Rising Delinquency Rates Hit U.S. Commercial Mortgages in Early 2024
In the first quarter of 2024, U.S. commercial mortgage delinquencies saw a notable increase, according to the Mortgage Bankers Association's (MBA) latest Commercial Delinquency Report. "Commercial mortgage delinquency rates continued…
Edo State to Launch 521-Unit Housing Estate in Ekpoma
The Edo State Development and Property Corporation (ESDPC) has partnered with Maximpact Global Ventures Limited to develop a 521-unit housing estate in Ekpoma, named Esan Garden City Estate. This initiative…
Trending News: Top 10 Stories this Morning
Good Morning. Here’s a recap of top trending news stories this morning. Nigeria Mortgage Refinance Company PLC (NMRC) recently convened its 10th Annual General Meeting in Lagos to enhance…
Court Orders Forfeiture of N11.14 Billion Property Tied to Emefiele
Yesterday, the Federal High Court in Lagos granted an interim forfeiture order for property valued at N11.14 billion, allegedly linked to the former Central Bank of Nigeria (CBN) governor, Mr.…
Dubai Fines Developers Dh500,000 Each for Real Estate Law Violations
Three developers in Dubai have been fined Dh500,000 each for promoting and marketing real estate projects without completing the mandatory registration procedures for off-plan projects. The Dubai Land Department (DLD)…
NITP, ThinkLab group Sign MOU for Construction of State-of-the-art National Head Office Complex
In its Continued effort to reposition the Institute for greater productivity and better service delivery, the Nigerian Institute of Town Planners, (NITP), has signed a Memorandum of Understanding (MOU) with…
NDIC MD Guarantees Heritage Bank Customers Repayment within Seven Days
The Nigerian Deposit Insurance Corporation (NDIC) has moved swiftly to allay fears of depositors in Heritage Bank, assuring them that the process of repayment is already underway. Managing Director Bello…
30 Governors Spend N986.64 Billion in 3 Months on Refreshments
No fewer than 30 state governments of the federation expended N986.64 billion on recurrent expenditures, including refreshments, sitting allowances, travelling, utilities, etc., in the first three months of 2024. The…