Mortgage Finance
9 Dec
The Federal Government has emphasised that affordable mortgages and the contributions of the private sector are critical to catalysing housing demand and supply in the country.
4 Nov
In its drive to boost internally generated revenue and provide much-needed economic diversification amid Nigeria’s current financial challen
30 Sep
To address the liquidity gap in Nigeria's finance market, Nigeria Mortgage Refinance Company Plc (NMRC) has received approval for $200 million in funding from the U.S. International Development Finance Corporation (DFC) for affordable mortgage financing.
30 Aug
LagosHoms has presented exit certificates to mortgagors who have completed their payment after 10 years.
The LagosHoms mortgage scheme
26 Feb
The new Managing Director, Federal Mortgage Bank of Nigeria, Shehu Osidi has taken over the affairs of the bank in Abuja, promising to run open, transparent and accountable to meet the housing needs of stakeholders.
12 Feb
The Federal Government has assured of its commitment towards the N500 billion recapitalisation of the apex mortgage firm - Federal Mortgage Bank of Nigeria (FMBN) and facilitation of necessary legislative amendments of relevant housing industry laws including the National Housing Fund (NHF) Act, 1992, FMBN Establishment Act, 1993.
25 Dec 2023
In quest to find sustainable solutions to long-term funding for the mortgage sub-sector, the Federal Government and Mortgage Banking Association (MBAN) have moved to take the bull by the horns by exploring alternative sources to finance affordable housing in the country
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