Are UK house prices rising or falling? Two national indices published last week had painted sharply contrasting portraits of the UK property market, adding to erratic data over the past month that has left economists increasingly puzzled.

The Managing Director/Chief Executive, Federal Mortgage Bank of Nigeria (FMBN), Mr. Gimba Ya’u Kumo, has said that the bank is looking at the possibility and process of lifting embargo on Estate Development Loan (EDL).

The role of of infrastructure development to the economic growth of Nigeria with particular reference to the country’s building and construction sector; has once again been emphasised.

The mortgage industry in Nigeria is just starting if you look at the size of our contribution to the GDP is less than one percent but my target before I leave here is that we should be able to contribute at least 15 percent. That is why we are putting a lot of issues on ground to be able to drive this process.

In view of the continued emergence of topical environmental issues that require urgent attention, World Bank has reinstated its commitment to help Nigerian government in its effort to tackle the challenge of Climate Change in the area of adaptation.

DETERMINED to complete ongoing projects under its purview on schedules, Office of Works, Lagos state Ministry of Works and Infrastructure has doubled activities to ensure completion of the projects. Currently, schools, hospitals, courts and other public utilities are being rehabilitated while new ones are being constructed where necessary across the state.

Messrs South Energyx Nigeria Limited, planners and developers of Eko Atlantic City, an emerging city being built on land reclaimed from the Atlantic Ocean located beside the popular Bar Beach on Ahmadu Bello Way, Victoria Island, Lagos, have devised their first mobile application that can be used on all new generation smart phones and tablets (Android and iOS platforms).

MESSRS Briscoe Properties Limited, a subsidiary of R. T. Briscoe and forefront real estate development firm which also specialises in project management, facility management, property development, real estate sales and leasing has said that it will continue with its vision to provide high quality homes for the public.

Nigerite Limited, a complete building solutions company has launched a new product called Unique Ceil, an embossed ceiling which comes with a tastefully finished pattern, into the competitive Nigerian building industry.

The Nigerian Institute of Town Planners (NITP) has inaugurated a seven-man committee on land use planning report with terms of reference to prepare a thorough land use analysis survey that will be followed by a map with identified land uses coded in the NITP approved professional colours.