A mortgage is a lien on a property/house that secures a loan and is paid (interest and principal) in installments over an agreed period of time. The mortgage secures your promise that you’ll repay the money you’ve borrowed to buy your home. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is essential you select the one that is right for you, your future plans, and your financial situation.

DEPUTY Senate President Ike Ekweremadu has urged President Muhammadu Buhari to in the spirit of Eid- Kabir celebration look beyond the ruling All Progressives Congress, APC and constitute a Special Economic Squad to rescue the country from the present economic meltdown.

Nigeria’s private sector economy was firmly entrenched in a downturn during August, according to readings from Stanbic IBTC Purchasing Managers’ Index, PMI. The survey indicated that business conditions worsened for the sixth time in seven months, and at the sharpest pace in the survey’s history. Output fell substantially, with firms reporting a lack of new work, particularly from abroad.

The Managing Director/ CEO of Fidelity Bank, Mr. Nnamdi Okonkwo, has called on investors to take advantage of the current low prices of stocks in stock market to boost their income. According to him, “It is better to invest when prices are low. Despite the strong fundamentals of the listed companies on the NSE, their shares are highly discounted due to weak demand at the stock market.