The degenerating housing situation in the country, owing to the reduced construction of
affordable houses for the masses, seem to be getting worse with the high cost of building materials.
Sand, which is one of the major materials for housing construction has recently doubled in price and is out of reach of many who are nursing the ambition to own a shelter of their own.

The rate at which the excess crude oil savings is been spent by the government threatens the nation’s creditworthiness and the cost of borrowing in the international market, warns Razia Khan, Standard Chartered Economist.

Spring Bank Plc has introduced fresh incentives to its savings products in order to guarantee optimum customer satisfaction during and after the Easter Season in line with its Betalife campaign.

Stakeholders and operators in the capital market have thrown their weight behind the move by the Federal Government to give additional tax incentives that would spur growth and development of the Nigerian capital market. Already, the Federal Government has approved extension of tax waivers on sub-national and corporate bonds.

BankPHB has launched an Integrated Import Finance programme, that will help ease the importation of semi-processed goods finished goods, raw materials among others.