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Shelter Afrique Claims Africa Requires 5 Million Housing Units Per Annum

Shelter Afrique Claims Africa Requires 5 Million Housing Units Per Annum

The Pan-African housing development financier, Shelter Afrique, has said that African continent requires four million housing units per annum to meet its housing needs. According to Shelter Afrique, majority of African countries are facing a housing crisis as a result of high population growth, increased urbanisation and low supply of affordable housing. Speaking recently in […]

Experts Bemoan Weak Regulation In The Real Estate Sector

Experts Bemoan Weak Regulation In The Real Estate Sector

Experts in Nigeria’s real estate sector have identified over taxation, weak regulation, quackery among major inhibitors to the nation’s housing development. Speaking at a talk show organized by Photizo Properties in Lagos, Chief Executive Officer, Photizo Properties, Patrick Oriyomi, said investors shy away from real estate because of lack of trust. According to him, real […]

Nigerian Real Estate Stakeholders To Hold Exhibition In London

Nigerian Real Estate Stakeholders To Hold Exhibition In London

Stakeholders in the real estate and housing finance sector of the Nigerian economy are set to hold a two-day conference/exhibition in London, The Guardian reports. The event tagged “Home Ownership and Property Investment in Nigeria Made Easy” is scheduled to hold next month at the Crowne Plaza Hotel, Battersea, London. It is designed to show […]

Mortgage Institutions Seek Improved Access To Credit Facilities

Mortgage Institutions Seek Improved Access To Credit Facilities

Mortgage operators in Nigeria under the umbrella of the Mortgage Banking Association of Nigeria (MBAN) are currently seeking ways to improve access to credit for real estate recovery and provision of affordable houses for the citizens, New Telegraph reports. Towards this end, the association is considering an agreement with the Central Bank of Nigeria (CBN) […]