Features

As the new mortgage refinance company is set to take off 3rd quarter of this year. The Mortgage Banking Association of Nigeria (MBAN) is the Umbrella body for all Mortgage Banks licensed by the Central Bank of Nigeria to engage in Mortgage Business in Nigeria. Its main focus is to ensure the access to mortgage finance for provision of affordable ...

Nigeria was recently reported to have overtaken South Africa to become the largest economy in Africa after overhauling the GDP data in over two decades. As of today, Nigeria is the 24th largest economy in the world. A bulk of that GDP has to be contributed by the increasing construction and modern development activities in the Nation of the Super ...

CHALLENGES Major challenges confronting the Mortgage Banking Sector as identified by the Stakeholders are as listed below:   Difficulty in access to Land Title and Documentation Constraints Cost of Titling or Title Transfers which averages over 15% of the Value of the Property across the 36 States of the Federation, including Federal Capital Territory. Process of obtaining Governor’s Consent to ...

Spain is one of the leading global economic powers: the 9th largest economy, the 4th largest recipient of FDI among developed countries1, and the dynamism of its economy remains unabated, as borne out by the fact that growth in recent years has outstripped the European average. In addition, Spain commands a privileged geostrategic position: it belongs to the European Union ...

Charlatan burglar alarm salesmen know exactly how to play on clients’ anxieties by claiming their home is vulnerable in a questionable neighbourhood and ripe for a break in. But of course, expensive monitored alarms, CCTV and motion detectors will make all the difference. These are scare tactics but some of what they say is true. Burglars are lazy and will ...

WHAT DO YOU GIVE A MAN THAT OWNS EVERYTHING- buy him an Island No man is an island, but every man dreams of buying one. For an increasingly large group of celebrities, this dream is fast becoming reality. Private islands are the latest addition to the celebrity mantelpiece with high-profile owners including Richard Branson, Diana Ross and Marlon Brando. According ...

Described as ‘the new Canary Islands’, this country has a bright future of development and prosperity, particularly within the field of tourism. With experts predicting it to be the next big holiday destination for the UK and Northern European markets, Cape Verde provides excellent opportunities for investors seeking substantial capital growth over the next few years. The country is rich ...

Are you dreaming of a fantastic new garden makeover in time for the Summer? If so, then you need to plan ahead and should really be thinking about it now. You can transform your garden yourself if you have the necessary skills but, if you don’t have the time or the expertise you should seek professional help from a reputable ...

– consultants in the Nigerian construction industry By Anthony Aihie (continued from last issue) As consultants for the built environment, we are in the construction industry. Consultants’ roles are often misunderstood, overlooked and/or undervalued in our society.  This article gives and overview of the construction industry and the important role played by consultants in it. SPECIALISTS CONSULTANTS Other specialist consultants ...

    By April 30, 2013, the Primary Mortgage Banks are expected to be fully recapitalised according to the new CBN Revised Guidelines for Primary Mortgage Banks in Nigeria that had categorised Mortgage Banks into National and State Authorisation Licences. The National PMBs must have Paid-Up Capital/Shareholders’ Funds (Unimpaired By Losses) of N5 billion and can operate in all the ...