Culled—-Proshare August 9, 2016/FDC Vacant properties in Lagos are not only enigmatic but also confusing to analysts. Instead of rents crashing as housing supply increases, we are seeing landlord resistance and tenants walking away. Lekki in particular, with a vacancy factor of 165, is witnessing a reverse supply curve (A […]
Mortgages
GTBank Named Most Innovative Bank in Africa, Segun Agbaje Banker of the Year
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc (GTBank) has emerged winner of the most innovative bank in Africa Innovation in (Banking); while its CEO, Segiun Agbaje was named as the “Banker of the Year”. Agbaje was recognised as Africa’s Banker of the Year alongside other winners […]
Only 1.5% NHF contributors get mortgage loans —FMBN
Out of the four million registered contributors to the National Housing Fund, only 60,000 or 1.5 per cent of the total have been able to access mortgage loans, the Federal Mortgage Bank of Nigeria has said. According to the bank, although the dismal number is due to many constraints to […]
