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Mortgage Finance

18 Nov 2019
With about three million in housing deficits, the Lagos Home Ownership Mortgage Scheme (Lagos HOMS) conceived by the Babatunde Fashola administration was seen as a game-changer in home ownerships by housing experts..
4 Nov 2019
To bridge the housing deficit, some players in the sector have canvassed the need for authorities to build decent and affordable houses for the low and middle-income groups.
4 Nov 2019
As the nation’s housing crisis continues to worry about the authorities, Nigeria’s largest Social Housing Fund - Family Homes Funds (FHF) has signed a Memorandum of Understanding (MoU) with pan-African housing finance institution, Shelter Afrique towards building more affordable homes in the country.
7 Oct 2019
Determined to create an enabling environment for affordable housing and mortgage creation, Nigeria Mortgage Refinance Company Plc (NMRC) has sealed a tripartite agreement with the Kaduna State Government (KDSG) and FHA Mortgage Bank that will boost the state’s mortgage scheme.
16 Sep 2019
This might not be the best of times for prospective homeowners and developers, following the apex bank’s recent removal of interest cap rate on mortgage finance for primary mortgage banks in the country.
5 Aug 2019
About 139 town planners have been inducted by its regulatory body, Town Planners Registration Council (TOPREC) and charged to uphold the highest professional standard.
5 Aug 2019
The Nigeria Mortgage Refinance Company Plc (NMRC) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have entered into an agreement for joint activities in the affordable housing value chain.
22 Jul 2019
Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement.
15 Jul 2019
Nigeria Mortgage Refinance Company Plc (NMRC) published its Annual Reports and Accounts for 2018 at its Annual General Meeting held at the Eko Hotel, Victoria Island, Lagos.
1 Jul 2019
Like a heavy cloud, a deep sense of disquiet now hangs over the mortgage sector, following new proposal by the Central Bank of Nigeria (CBN) to increase the capital base of banks. The CBN Governor, Godwin Emefiele, had recently laid out his five-year policy thrust that includes recapitalising the banking industry, so that banks can…
20 May 2019
Apex mortgage institution, Federal Mortgage Bank of Nigeria (FMBN) has disbursed a total of N23.3billion under its (HRL) Home Renovation Loan scheme. Out of this, N132.520 million has been given to members of Lagos State Public Servant Housing Cooperative. FMBN Managing Director, Ahmed Dangiwa who made this known during the presentation of the symbolic cheque…
22 Apr 2019
Key stakeholders in the real estate and housing finance sector of the Nigerian economy are set to hold a two-day conference/exhibition in London.Tagged “Home Ownership and Property Investment in Nigeria Made Easy” for Nigerians in the United Kingdom and the Europe....

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