FMBN Raises Mortgage Loan Limit to N50m to Support Homeownership, Address Construction Costs
In its bid to meet the financial need of higher and medium income earners as well as address the challenges of higher construction, the Federal Mortgage Bank of Nigeria (FMBN)…
NSE Moves Against Quackery, Tasks Fellows To Uphold Professional Standards
The Nigerian Society of Engineers (NSE) has tasked fellows to uphold professional and ethical standards and prevent infiltration of the profession by quacks. The president of the Nigerian Society of…
Wike Approves N1.1 Billion Compensation for Airport Road–Kuje Expressway Project
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved the sum of N1.1 billion for compensation to property owners affected by the ongoing construction of the Airport…
Over 252,000 Jobs Created Through Housing Programme – Dangiwa
Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has announced that over 252,000 jobs have been created through the government’s housing initiatives as part of the Renewed Hope…
MBAN Applauds FG’s N250 Billion Mortgage Initiative for Affordable Housing
Mortgage Banking Association of Nigeria (MBAN) has commended the Federal Government of Nigeria for the approval of a N250 billion Mortgage and Real Estate Investment Fund (MREIF). Nigeria’s Minister of…
Benue Governor Hyacinth Alia Approves N75,000 Minimum Wage for Civil Servants
Benue State Governor, Hyacinth Alia, has approved a minimum wage of N75,000 for civil servants in the state, surpassing the national benchmark of N70,000. In a statement issued on Monday,…
Wike Greenlights N70,000 Minimum Wage for FCT Workers
Nyesom Wike, Minister of the Federal Capital Territory (FCT), has sanctioned the immediate implementation of the new N70,000 minimum wage for all FCT administration staff. This decision was announced in…
Iron Rod Theft: Court Grants Two N10m Bail Over Alleged N50m Heist
In a high-profile case in Ibadan, a magistrate court on Monday approved bail set at N10 million each for two individuals accused of stealing a trailer loaded with iron rods…
FMBN Secures N100 Billion for Karsana Renewed Hope City Housing Project
The Federal Mortgage Bank of Nigeria (FMBN) has secured a N100 billion Offtaker Guarantee to support the development of the Karsana Renewed Hope City in Abuja. The Renewed Hope Cities,…
FG says 1-bedroom apartments under its Renewed Hope Estates cost about N9 million
The Federal Minister of Housing and Urban Development, Musa Dangiwa, has revealed that government-funded one-bedroom apartments under the Renewed Hope Estates Programme cost N8 million to N9 million. However, those…