Home / Tag Archives: Real Estate Developers Association of Nigeria (REDAN)

Tag Archives: Real Estate Developers Association of Nigeria (REDAN)

Stop delaying disbursements to developers once approval is made by FMBN—Dangiwa

FMBN Hqs

Managing director/chief executive of Federal Mortgage Bank of Nigeria (FMBN), Arc. Ahmed Musa Dangiwa has warned against refrain from delaying disbursements to developers once approved by the bank. He has also called on Primary Mortgage Banks (PMBs) to harmonise their interest rates in order to conform to the laid down uniform underwriting standards and advised them to spread their branches ...

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Housing sector still in recession as prices of cement, others remain out of reach

Babatunde Fashola

The debate whether Nigeria has actually exited recession reverberated on Monday as checks by Business Hilights Economic Intelligence Team (BHEIT), showed that cement and other building materials including sand are becoming unreachable by developers and prospective home seekers. Investigations showed cement market within the out-going year, displayed much inconsistency in the prices as currently cement still hovers at an exorbitant ...

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