The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from the scheme. He also said the NHIS had capacity to recover m ...

The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, on Sunday disclosed that the Federal Government’s plan to build 300,000 affordable houses for Nigerians will st ...

The Federal Government on Wednesday said over 700 road projects were currently ongoing across all geopolitical zones in Nigeria. It said the roads include intervention projects in higher institutions ...

The Senate has described as grossly inadequate, the N38bn earmarked for federal road repairs in the 2021 budget. The red chamber said nothing meaningful could be achieved by the Federal Roads Maintena ...

The Senate on Thursday, demanded additional N9bn for the Nigeria Railways Corporation in the 2021 budget. The Chairman, Senate Committee on Marine Transport, Senator Danjuma Goje, said this after subm ...

The Minister of Works and Housing, Babatunde Fashola, on Sunday said the Federal Government would complete the Lagos-Ibadan Expressway project despite scarce resources as a result of the sharp drop in ...

Moody’s Investors Service, a Global credit rating agency, has stated that the infrastructure in Nigeria is behind other emerging market peers, with about $3tn needed over 30 years to close the gap. Th ...

The Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that his ministry owed 3,504 contractors handling its various housing projects N69.91bn. Fashola stated this when he appeared ...

The Abuja Property Development Company, a government-owned developer, is developing 1,400 mass housing projects for workers in the Federal Capital Territory as well as other interested persons. It ann ...

The management of the Nigerian Ports Authority has said that 60 vehicles and many offices were vandalised with other items looted in the attack on its corporate headquarters and the Tincan Island Port ...

The Federal Mortgage Bank of Nigeria has said that banks and insurance companies have failed to make the required investment in the National Housing Fund scheme since the enactment of the Act, accordi ...

The Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, has said the state will continue to create favourable policy environment to boost housing in Lagos. He said t ...

The Association of Housing Corporations of Nigeria has called for a special development fund from the Central Bank of Nigeria for state and federal housing corporations to grow the housing sector. It ...

The Federal Government is committed to rehabilitating the aging infrastructure in Nigeria despite the prevalent recession globally, the Minister of Works and Housing, Babatunde Fashola, said on Tuesda ...

The Acting Chairman Senate Committee on Industry, Trade and Investment, Senator Francis Fadahunsi has assured the Nigerian Export Processing Zones Authority (NEPZA) of support on establishment of more ...

The Asset Management Corporation of Nigeria said it has taken over the assets of Hydro Hotels Limited and its chief promoter over an indebtedness of N600m. The Head of Corporate Communications Departm ...

The real estate services sector contracted by 17.18 per cent in the second quarter of the year, statistics available from the National Bureau of Statistics have shown. The NBS disclosed this in its se ...

The Lagos State Government has sealed 27 residential and commercial buildings in Lekki as they intensify efforts to rid the state of illegal and unapproved building construction. The disclosure was ma ...

The lack of the required inputs for affordable housing has been identified as the major reasons affordable housing has remained elusive in the country despite efforts from both the public and private ...

The Certificate-of-Occupancy (C-of-O), the single most important document which confers ownership of a property has become the source of sorrow for most property owners in Lagos, most of who have not ...

The Nigeria Mortgage Refinance Company (NMRC) will launch a 15 year bond of $400 billion to boost access to affordable housing in Nigeria. Charles Inyangete, CEO of NMRC, said this would begin with a  ...

The booming real estate market in Nigeria is expected to be on the increase in the next few years. According to PricewaterhouseCoopers (PwC), Nigeria’s real estate investment is expected to increase b ...

The Federal Mortgage Bank of Nigeria (FMBN) has disclosed that only 1.5 percent of the four million registered contributors to the National Housing Fund were able to access mortgage loans in Nigeria. ...

The management and staff of the Nigerian branch of Knight Frank, an international firm of estate surveyors, valuers and chartered surveyors, are in a celebrative mood. Recently, the company marks its ...