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Abuja rent progress is outpacing the relaxation of the northern region as the city’s condo market roars again from the depths of the pandemic and places stress on the disposable income of residents. Amid rising public concern over housing prices launched by the Federal Government underneath the National Housing Programme , private builders have picked holes in the scheme. Chinese developer Evergrande is likely to be in default, amid reviews it has missed a final bond payment deadline, but markets are shrugging off the news amid stimulus from China’s central bank. Mortgage pre-approvals, holds surge as economists foresee fee hikes A rise in both mortgage and rates of interest would finish an nearly two-year interval of rock-bottom borrowing costs. FTC sues to dam Nvidia’s $40 billion deal for Arm, lawmakers approve stopgap government funding, Google delays required return to office, and different news to begin your day.

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