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N/West Stakeholders Propose 60% Revenue Share For States, LGs

As the ongoing public hearings on the review of revenue sharing formula continue to gain traction, North West geopolitical zone leaders have canvassed a new revenue sharing regime that would give states and local governments 60 percent of the accrued revenue into the Federation Accounts. Political, economic and civil advocacy stakeholders from the North-West states […]

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NMRC, KDSG, FHA Mortgage Bank Sign N3Bn Mortgage Finance Deal

The Nigeria Mortgage Refinance Company Plc (NMRC) has signed a N3 billion mortgage financing agreement with the Kaduna State Government and Federal Housing Authority (FHA) Mortgage Bank to provide affordable housing for people in the state. The initiative is described as first of its kind in mortgage financing in the country designed to provide mortgage […]