FMBN, labour plan 2,800-unit housing scheme
The Federal Mortgage Bank of Nigeria (FMBN) and leading labour unions have agreed to begin the implementation of a national affordable housing programme for workers.
FMBN adopts rent-to-own housing scheme for NHF contributors
In a renewed effort to make homeownership more accessible and affordable for Nigerian workers, Federal Mortgage Bank of Nigeria (FMBN) has kick-started the implementation of a rent-to-own housing scheme.
Dangote, BUA groups to partner FMBN on housing
The Chairmen and Chief Executive Officers of Dangote and BUA Groups of Companies, Alhaji Aliko Dangote and Alhaji Abdul Samad Isyaku Rabiu have expressed strong willingness to partner...
World Bank, CBN seek new law for model mortgage regime
The World Bank and Central Bank of Nigeria (CBN) have initiated collaborations in efforts to review the existing Land Use Act laws and create enabling environment for the mortgage...
FG targets off-takers for N667m housing scheme in Lagos
Contributors to the National Housing Fund (NHF) may soon heave a sigh of relief as the Federal Government is set to deliver 112 units of one and two bedroom flats in Sedona estate in the Ikorodu axis of Lagos State. The N667 million project is a ministerial pilot housing scheme that has been conceived…
Minister urges new finance strategy for housing
As part of efforts to resolve massive rural-urban drift, the Minister of State, Federal Ministry of Power, Works & Housing; Alhaji Suleiman Hassan Zarma has charged housing stakeholders...
ASO Savings commissions Karsana Estate, raises bar in housing projects
Primary Mortgage Bank (PMB), ASO Savings and Loans Plc, has commissioned the phase 1 of its estate in Karsana, Abuja. It also fully financed it.
FMBN issues N20.2b mortgages to NHF subscribers
To assist Nigerians buy their own homes, the Federal Mortgage Bank of Nigeria (FMBN) has issued 2,724 mortgages worth N20.237 billion to subscribers under the National Housing Fund (NHF). Minister of Power, Works and Housing, Babatunde Fashola who made this known at the inauguration of newly reconstituted board of the Federal Mortgage Bank of…
FMBN, developer urge Edo government workers to rejoin NHF scheme
Bothered by the low level of mortgage penetration, the Federal Mortgage Bank of Nigeria (FMBN) has appealed to the Edo State Government to rejoin the National Housing Fund (NHF) scheme and make its workers homeowners.
FMBN disburses N74b for housing
The Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Arc. Ahmed Musa Dangiwa said in Benin at the weekend that over 4.6 million workers are partaking in the National Housing Fund (NHF) scheme, and that the bank has disbursed not less than N74bn to low and medium income earners to get their own houses.…