Category: Real Estate

By GLEBM News Desk Mortgage financing options are being expanded for Nigerian workers, self-employed professionals and members of the diaspora seeking to purchase, improve or refinance residential properties. FirstTrust Mortgage Bank has introduced a broader portfolio covering conventional mortgages, mortgage refinancing, home-improvement finance, diaspora mortgages and short-term loans. The development comes as rising construction and…

By GLEBM News The Federal Government is proposing the establishment of a National Housing Finance Authority as part of broader efforts to improve access to affordable mortgages and stimulate growth in Nigeria’s housing sector. The proposed institution is expected to strengthen housing finance by improving coordination across the mortgage ecosystem, mobilising long-term funding and expanding…

By Darasimi Kikelomo Real estate industry leaders in Nigeria say provisions within the newly enacted 2026 tax reform are expected to strengthen investment flows and stimulate demand for housing and commercial properties. News Agency of Nigeria Under the revised tax regime, pension contributions, health insurance premiums, and National Housing Fund contributions remain deductible, lowering taxable…