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Mortgage loans: NMRC advocates full implementation of IPPIS

Just in line with its readiness to begin full operations, Nigeria’s newly established secondary mortgage institution, the Nigerian Mortgage Refinance Company (NMRC), has advocated complete implementation of the Integrated Personnel…

ASO Savings commissions N7.5b estate, targets affordable housing

By Bamidele Ogunwusi /  Lagos   In its efforts to make housing available to Nigerians, ASO Savings and Loans, one of Nigeria’s leading mortgage banks has delivered another estate, christened ASO…

With NMRC, mortgage sector will witness robust players – Ogriki

Preye Ogriki, a former Finance Commissioner in Bayelsa State, is the Managing Director of Trans Atlantic Mortgages, a Bayelsa State-owned primary mortgage institution. In this interview with our Correspondent, Bamidele…

SMEDAN, UNDP train women coop, target CBN’s N220b fund

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and United Nations Development Programme (UNDP) have concluded the second phase of their economic empowerment programme for women-owned Cooperative Societies…

FG to establish more DFIs to boost MSMEs financing

FG to establish more DFIs to boost MSMEs financing

By Phillip Oladunjoye  - Senior Correspondent   President Goodluck Jonathan has said that the Federal Government would establish more Development Finance Institutions (DFI) that will provide long term funds for industrial…

Stakeholders urged to formulate policy for employment, wealth creation

The Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, Abdulkadir Musa, has urged policy formulators and practitioners to critically examine industry, trade and investment sector so as…

NIPOST to create 3,000 new jobs

The Post Master General of the Federation, Mallam Ibrahim Mori Baba, has said that the Nigeria Postal Services (NIPOST) is poised to generate about 3,000 new jobs for Nigerian graduates…

We see robust mortgage sector coming – Experts

Stakeholders and experts in the nation’s mortgage sector have signified their readiness to work with the nation’s mortgage refinance company, Nigeria Mortgage Refinancing Company (NMRC), just as they claimed that…

Minister commends Etisalat for promoting entrepreneurship drive

Minister of Trade and Investment, Oluseguin Aganga, has commended Etisalat Nigeria, Pan Atlantic University and the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) for consistently promoting initiatives aimed…

Optimism as FMBN sees success in new products

Optimism as FMBN sees success in new products

By Bamidele Ogunwusi –    Correspondent, Lagos   The nation’s secondary mortgage institution, the Federal Mortgage Bank of Nigeria (FMBN) has for the umpteenth  time said the bank is on…

Meeting financing needs of MSMEs

By Phillip Oladunjoye  -  Senior Correspondent   Stakeholders and government at various levels have severally expressed the need to provide adequate funding for the growth of the Micro, Small and…

Experts offer support as FMBN releases Diaspora Mortgage guidelines

The Federal Mortgage Bank of Nigeria seems to be ready to take the bull by the horn as it finally releases guidelines for the proposed Diaspora Mortgage model. Our Correspondent,…

FG directs BoI to increase credit facility to MSMEs

By Phillip Oladunjoye / Senior Correspondent The Federal government has directed the newly inaugurated board of the Bank of Industry to increase its current credit portfolio to the Micro, Small…

High hopes as mortgage refinance company takes off

The news that the newly inaugurated Nigerian Mortgage Refinance Company (NMRC) has technically commenced work has once again elicited interest of Nigerians who have been waiting for the special vehicle…

SMEDAN partners UNDP to empower women entrepreneurs

The Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, and the United Nations Development Programme, UNDP, are poised to address the challenges militating against the optimal performances of women…

NHF: Another boost to housing finance

By Bamidele Ogunwusi Correspondent   In a move seen as a way of  reducing the housing deficit in the country, which has been put at about 16 million units and…

Stakeholders kick as CBN rue further extension of PMIs recapitalisation

The nation’s mortgage sector will experience another waiting period, following indications that the recapitalisation exercise being supervised by the the Central Bank of Nigeria (CBN), will further be extended for…

Wall Street gains on data, easing of Ukraine tensions

U.S. stocks rose on Wednesday as geopolitical tensions over Ukraine appeared to ease and the latest U.S. economic data pointed to improving conditions. Gains were broad, with nine of the…

Candy Crush owner King Digital’s shares fall on debut

Shares in King Digital, the games developer behind Candy Crush Saga, have fallen as much as 15% on their debut at the New York Stock Exchange. The shares were trading…

Candy Crush owner King Digital’s shares fall on debut

Shares in King Digital, the games developer behind Candy Crush Saga, have fallen as much as 15% on their debut at the New York Stock Exchange. The shares were trading…

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