Real estate database to guide govts, developers in siting, pricing houses—Chime
Chief executive of COPEN Group of Companies and current National President, Real Estate Developers Association of Nigeria (REDAN), Mr Ugochukwu Chime has given insights on reasons behind the planned generation of national real estate database. In an interview, he said…
High level of policy uncertainty, insecurity killing housing investment—Chime
The National President, Real Estate Developers Association of Nigeria (REDAN) and Managing Director, COPEN Group of Companies, Mr Ugochukwu Chime, has given insights on the major challenges frustrating private sector investments in housing supply. In an interview, he said “The…
Stop delaying disbursements to developers once approval is made by FMBN—Dangiwa
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…
Housing sector still in recession as prices of cement, others remain out of reach
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…