Understanding the National Housing Fund (NHF) Act of 1992

National hosuing fund act was established in 1992. one needs to be a contributor to the NHF Schemmeto be able to access a maximumloan of N15m at a fixed rate f 6% per annumm (reducing annuity) for a maximum tenure of 30 years. 2.5% of basic salary is deducted Monthlyfor a period of 6 months to be eligible to apply for the loan. Affordability is calculated based on the monthly income of the...

Luxury Apartments And The Premium For Peace Of Mind

As a corporate executive living and working in the big city, the hustle and bustle of the day takes a toll on you so much that any free timeyou have on your hands you simply want to rest. Contending with the need to rest are other necessities like cleaning your apartment, doing your laundry,ensuring that utility bills (electricity, water, cable TV, internet)are paid and the services are up and running,...

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