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NIPOST Plans Diversification Into Real Estate

In line with the on-going effort to re-position Nigeria Postal Service (NIPOST) for better performance and relevance, the government agency will soon begin diversification of its assets. The honorable minister for Communication, Barr. Adebayo Shittu, in a one-day stakeholders’ summit held in Lagos, revealed the divestment plan for NIPOST. He said NIPOST will soon start investing in property development, banking, transportation and logistics.   …

3000 Pilot Rent-To-Own Houses for Nigerian Workers

Nigerian workers, especially contributors to the National Housing Fund are about to smile as the Federal Mortgage Bank of Nigeria (FMBN) Board rolls out Rent-To-Own’ pilot housing scheme. Just recently, the FMBN Board approved the implementation of nationwide 3000 rent-to-own pilot housing project. According to a statement signed by FMBN Corporate Communications Group Head, Mrs Zubaida Umar, released on 12th August in Abuja, the …

Home Financing Options for Nigerian Workers

It is said “Home is where the heart is.” This popular expression indicates how home is so central to life. There is this strong meaning and emotional connections that we all share with our homes. Family and by extension homes is practically the most important thing to humanity. As at January 2018, experts put the housing deficit of Nigeria to be above 17 million. …

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