• FG plans new initiative, targets 300,000 new homes

    FG plans new initiative, targets 300,000 new homes

    According to reports, the Minister of Finance, Kemi Adeosun, has announced plans by the Buhari administration to launch a new housing finance initiative.

     

    Under the proposed scheme, the Federal Government is planning a mortgage system that will catalyse the development of the mortgage market in Nigeria with the provision of single digit interest rate mortgages and longer repayment periods such as 20 years.

    The proposed scheme also aims to provide 300,000 affordable homes supported by mortgages and creates 700,000 new jobs across […]

  • 300,000 Nigerians currently  living in US – Envoy

    300,000 Nigerians currently living in US – Envoy

    The outgoing United States Deputy Consul-General in Lagos, Ms Dehab Ghebreab, on Monday said about 300,000 Nigerians currently live in different parts of the U.S.

    Ghebreab told the News Agency of Nigeria (NAN) in Lagos that the number of Nigerians in America is increasing.
    She added that about 30,000 Americans currently live in Nigeria.

    “It has been estimated that there are currently about 300,000 Nigerians working, studying or doing business in different states of America.

    “We also have about 30,000 Americans living in different […]