ChangeAgent Property

Adeniyi Akinlusi is the President, Mortgage Banking Association of Nigeria (MBAN) and Chief Executive Officer, TrustBond Mortgage Bank Plc. Adeniyi Akinlusi is the President, Mortgage Banking Association of Nigeria (MBAN) and Chief Executive Officer, TrustBond Mortgage Bank Plc. In this interview with Property & Environment Editor, CHINEDUM UWAEGBULAM, Akinlusi who is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and Chartered Institute of Taxation, believes that an intervention fund for mortgage banks will achieve single digit interest rate. He also listed ways to improve National Housing Fund (NHF) contribution and create enabling environment for mortgage banking. The low penetration of mortgage financing has been worrisome. Nigerian workers that contribute 2.5 per cent of their monthly salary to the National Housing (NHF) have been denied right to a safe, decent and affordable home. What has been the problem with the NHF and mortgage in Nigeria? ...

Amity Estate is a gated serviced residential estate located in the Sangotedo area of Lekki, 1 minute drive after the popular Novare (Shoprite) mall and 35 minutes drive to Victoria Island. The estate is well managed and has good facilities and infrastructure with several residents living within it. Facilities & infrastructure currently on ground in the estate include : -Well paved roads

The National Council on Lands, Housing and Urban Development (NCLHUD) in its bid to alleviate the rental challenges of the citizenry is making attempts to impose monthly rent payment for Nigerians. Industry experts have rather urged the governments to tackle the inherent problems inhibiting housing rather than delving into issues expected to heighten problems in the industry. The experts, comprising estate surveyors and developers who expressed divergent

This week two business luminaries, Baroness Michelle Mone and Douglas Barrowman, have announced the sale of 2.4 million square feet of Dubai residential property will be sold for bitcoin. The residential 40-storey tower apartments will be the first properties located in Dubai’s Science Park priced and sold for a cryptocurrency settlement.