• Experts Hail FG’s 10% Funding For NHF Contributors

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    Experts in the real estate sector have commended the federal government for accepting to provide 10 percent funding for the National Housing Fund (NHF) contributors seeking loans of N5million and below. They have also urged the federal government to empower mortgage institutions to carry out their statutory responsibility The acting managing director of the Federal…

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  • Green Bonds Will Help In Actualisation Of NDC’s – Jibril

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    The Acting Minister of Environment, Ibrahim Usman Jibril has expressed optimism that the issuance of Nigeria’s Sovereign Green Bonds would help in the actualization of Nationally Intended Contributions (NDC’s) adding that Nigeria has well trained experts to facilitate the projects and programmes. Green bonds is an innovative and alternative source of funding projects that reduce…

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  • World Forest Day: Need For Alternative Energy

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    As the federal government joined its counterparts to commemorate the World Forest day, CHIKA OKEKE writes on the need to urgently adopt alternative sources to fuel-wood consumption as a means of resolving deforestation.  The 21st of March annually was set aside by the United Nations as International Day of Forests. The day was primarily to…

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  • FG Approves 10% Funding For N5m NHF Loans

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    The federal government has approved that National Housing Fund (NHF) loans of N5 million and below would attract 10% funding just as loan applicants would no longer make down payments of 10% of the house price. The acting managing director of Federal Mortgage Bank of Nigeria (FMBN), Mr Richard Esin stated this at the commissioning…

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  • FMBN Disburses N32m To 383 Army Personnel In 3 Years

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    The Federal Mortgage Bank of Nigeria (FMBN) has disbursed about N32million to 383 eligible personnel of the Nigerian Army, contributing to the National Housing Fund (NHF) in the last three years adding that Contributors’ Statement of Account were up to date. The Apapa District Coordinator of the bank, Mrs. Uche Okoli stated this in Lagos…

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  • Total Invests $10bn In Nigeria In The Last 10 Years – Nnadi

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    Committed to empowering Nigerians through its Corporate Social Responsibility (CSR) programmes, the executive general manager (CSR & Medical Services Division) Total E&P Nigeria Limited, Engr. Vincent Nnadi has disclosed that the multi-national oil company has invested about $10bn in Nigerian economy in the last ten years. This is even as he disclosed that Total being…

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  • Nigeria’s Highway Assets Worth N4trn – NSE

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    The chairman, Board of Fellows, Nigerian Society of Engineers (NSE), Engr Chris Okoye has disclosed that the total value of Nigerian Assets on highways is worth N4 trillion adding that the highest amount released for the maintenance of the entire highways in Nigeria during the 90’s was N1million. To this end, he regretted that despite…

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  • Increased Affordable Housing Will Deepen

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    The director of Other Financial Institution Supervision Department (OFISD), Central Bank of Nigeria (CBN), Alhaji Ahmed Abdullahi, has stated that the increasing stock of affordable housing would accelerate the growth of middle class and deepen the mortgage market stressing that the industry could contribute to social and political stability. Abdullahi, who stated this in Abuja…

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