Pension for mortgage seen as ‘massive’
The guidelines released by the National Pension Commission (PenCom) that allows pension contributors access to residential mortgage with the balance in their Retirement Savings Account (RSA)…
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Why some pension contributors won’t qualify for mortgage
Iyabo Ajai, who works with a private radio station in Lagos, was excited when the news of the guidelines that allow pension contributors access residential mortgage with a portion of the…
How growing pension funds will boost mortgage market
The pension industry, which has seen assets swell to N14.36 trillion as of the end of July 2022, is expected to boost growth of the country’s mortgage and housing loan market.
This is…
Nigerian ports risk congestion as 6,000 containers sit idle
Nigeria’s three major seaports, Apapa, Tin-Can Island, and Onne, are at risk of congestion as the number of overtime containers occupying a chunk of the space meant for imported goods has…
Hobbled by corruption, Ajaokuta steel mill’s future uncertain
Nigeria’s Ajaokuta Steel Mill built by the Soviets and described by the late novelist, Chinua Achebe, as the "poster child of corruption and white elephant projects in Africa," has not…