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Market news

Published stories attached to the Market news category.

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Page 12 of 49

News

TMG and AXA Egypt partner to give The Spine buyers 10-year medical insurance

Egypt's Talaat Moustafa Group has agreed a partnership with AXA Egypt to give buyers at its The Spine development a 10-year medical insurance policy from the date their units are delivered, with a new hospital set to join the insurer's provider network.

News

Catholic Archdiocese of Lagos appeals judgment over Okoya Street property

The Catholic Archdiocese of Lagos has asked the Court of Appeal in Lagos to overturn a 2018 High Court judgment that declared the Lagos State Government the owner of a disputed property at No. 17/19 Okoya Street, Idumagbo, on Lagos Island.

News

Blessing CEO faces N69.15m Lekki property fraud charge as trial resumes

A prosecution witness has told a Lagos court that influencer Blessing Nkiruka, known as Blessing CEO, collected N69.15 million for a five-year lease of a Lekki property she did not own.

News

South Africa returns to court over 2,000ha Knoflokskraal land occupation

Public Works Minister Dean Macpherson says the government will ask the Western Cape High Court next week to contain the occupation of about 2,000 hectares of state land at Knoflokskraal, where plots are allegedly being sold illegally and holiday homes built.

News

Ramaphosa releases 2.5 million hectares of state land to black farmers with title deeds

South Africa is releasing about 2.5 million hectares of state-owned land to black farmers with title deeds under the Proactive Land Acquisition Strategy, President Cyril Ramaphosa said in his weekly newsletter.

News

FG, states push single-digit mortgage rates and 35-year repayment at Sokoto housing council

Federal and state governments have backed single-digit mortgage interest rates and a 35-year repayment window at the 15th National Council on Land, Housing and Urban Development in Sokoto, as Nigeria's housing deficit is put at more than 14.5 million units.

News

Ghana startup StashUp builds rent-financing product to tackle advance rent crisis

Accra-based Zongo Technologies is developing StashUp Rent, a product that pays a tenant's full advance rent directly to the landlord, as Ghana's 1963 Rent Act cap of six months' advance goes largely unenforced.

News

Banque Misr extends EGP 10bn financing to Founders Real Estate Marketing

Banque Misr has signed EGP 10 billion in financing agreements with Founders Real Estate Marketing, the marketing arm of Hyde Park Developments, to fund integrated residential, commercial and administrative projects in Egypt.

News

Lagos housing gap widens to over 3.3 million homes, says Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu says independent estimates put the state's housing gap at more than 3.3 million homes, as his administration reports delivering 10,623 homes over seven years.