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• Benefits of mortgage reform, recapitalisation, by CBN

  3Invest Media October 22, 2012

  

  The first tentative outlines of the shape of things to come for mortgage operatives in Nigeria could begin to emerge in few months time, as officials last week unfolded proposals toward the articulation of a more workable guide to stimulate growth of the sector. The effort, coming at the instance of the Central Bank of Nigeria (CBN), is the latest attempt... Read more »

• Mortgage Finance and the Nigerian Real Estate Market: Issues and Opportunities

  3Invest Media October 15, 2012

  

  Brief background of Nigerian housing Market  Mortgage lending in Nigeria is still at infant stage, but all variables indicates potential growth in this sub sector. Housing Stock of 10.7million of which less than    5% is in formal mortgage market Housing deficit of between 15-18 million housing units Annual housing need of between 500,000 to 1 million housing units Housing finance... Read more »

• Recapitalization Will Heal the Mortgage Sector – Kayode Omotosho

  3Invest Media March 26, 2012

  

  In the wake of the recapitalization of the Mortgage Banking sector by the Central Bank of Nigeria (CBN), reactions have trailed the decision. One of such reactions is the fact that low capitalization is just one of the issues bedevilling mortgage in Nigeria. Experts argued that besides this recapitalization, aimed at placing Nigerian Mortgage market at par with others in... Read more »