Category Archives: News Feed Subscription

• RICS appoints first female president

  3Invest Media July 13, 2014

  

  Louise Brooke-Smith becomes President of the Royal Institution of Chartered Surveyors (RICS). Louise is the first female President in the Institution’s 146 year history. She will give her inaugural speech tomorrow (1 July) during RICS’ Governing Council meeting in London. Alongside her presidency of RICS, Louise will continue to be involved with the Birmingham based planning and development consultancy, Brooke... Read more »

• LagosHOMS produces 131 fresh homeowners, Fashola plans to waive 30% equity contribution

  3Invest Media July 13, 2014

  

  There seemed to have been a general apathy towards the Lagos-HOMS since it was unveiled in April this year by the government. In a move to galvanise residents’ interest in the Lagos Home Ownership Mortgage Scheme (Lagos-HOMS), Governor Babatunde Fashola on Tuesday hinted of plans to introduce what he called ‘rent to own’ which may see the government waiving the... Read more »

• Nigeria GDP rebasing cuts 2013 growth to 5.49 pct

  3Invest Media July 13, 2014

  

  Nigeria’s actual GDP growth rate for 2013 has been revised down to 5.49 percent from 7.41 pct previously estimated during a rebasing exercise, the statistics office said on Friday. In a surprise data release, the office also said GDP growth for 2012 had been revised down to 4.21 percent from a previous estimate of 6.5 percent. Nigeria overtook South Africa... Read more »

• Lagos State is executing 205 roads – Fashola

  3Invest Media July 13, 2014

  

    Governor Babatunde Fashola of Lagos state on Friday 11 July said that the state government was executing no fewer than 205 road projects in different parts of the state. Fashola said this at a programme in Ikeja to commemorate the 2,600 days of his administration. The governor said that the road projects cut across all the 20 local government areas and the 37... Read more »

• The Pension Fund Administrators have invested N228.3bn in real estate #Nigeria

  3Invest Media July 13, 2014

  

  According to statistics obtained from the National Pension Commission last week, this amount is about 5.2 per cent of the N4.3tn total pension asset as of May, 2014. The report also showed that N190.8bn and N78.8bn had been invested in state government securities and corporate debt securities, representing 4.1 per cent and 1.8 per cent of the pension asset, respectively.... Read more »

• What does it take to access mortgage facility?

  3Invest Media July 9, 2014

  

  Home ownership is the cornerstone of a strong community.  As a basic need of man, the importance of housing cannot be overemphasized. Recognizing this, recent debates within built sector in Nigeria reiterate unanimous opinions that a well-define mortgage system is required to offset the housing deficit quoted at about 17 million. Major efforts have already been made to create a... Read more »

• Lagos cedes Lekki Free Zone land to communities

  3Invest Media July 7, 2014

  

  A NEW memorandum of understanding (MOU) has been signed between Lagos authorities and communities affected by the development of Lekki Free Trad Zone (LFTZ) along the Lekki-Epe corridor, which empowers the State government  to release prime land to the communities for farming purposes. The authorities issued Certificates of Occupancy (C of O) for 750 hectares of land in the Lekki... Read more »

• CBN approves 36 recapitalised mortgage banks, 10 National, 26 State and others delisted

  3Invest Media July 7, 2014

  

  FOLLOWING the recapitalization exercise of the Primary Mortgage Institutions (PMIs) in the country, 36 mortgage firms have scaled the hurdle and now gotten the Central Bank of Nigeria’s license to administer mortgage portfolio in Nigeria. While 10 mortgage firms have been approved to remain in business with a national license, the remaining 26 banks are approved to operate with a... Read more »

• Cautious Investments May Slow down Real Estate Activities

  3Invest Media July 7, 2014

  

  Real estate activities may slow in the second half of 2014 as investors adopt cautious investment strategies, a report has stated. This according to the report will also be driven by the volatile political environment. The Managing Director/Chief Executive Officer, Financial Derivatives Company Limited, Mr. Bismarck Rewane stated this in his latest monthly economic news and views presented at the... Read more »

• IFMA FMP Certification Training in Nigeria 2014 Calendar

  3Invest Media June 30, 2014

  

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