The National Housing Fund (NHF) scheme was established by Act 3 of 1992 to enable Nigerians in all sectors of the economy, particularly those within the low and medium income levels who cannot afford commercial housing loans, such as civil servants, traders, artisans, and commercial drivers etc., to own houses.

WHILE Nigeria celebrated the 15th anniversary of the return to civil rule Thursday May 29, ore than 300 leading policymakers from Africa converged in Maputo, capital of Mozambique to take stock of the continent’s economic performance.

Africa is “taking off” with strong, steady growth but poverty is unacceptably high. As such, governments need to build infrastructure and institutions and educate people to share the benefits more widely, so says the head of the International Monetary Fund, IMF.

Operators in the Nigerian capital market have identified the relative absence and insignificance of indigenous companies listed on the Nigeria Stock Exchange, NSE, as a major threat to the country’s attainment of African market leader status.

John Obayuwana, the Founder and Managing Director of Polo Luxury Group, has projected that Lagos alone could generate $2-3billion in luxury sales