Federal Mortgage Bank of Nigeria
Apex mortgage bank targets 50 million new subscribers
Amid cconcerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand…
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).
Stakeholders urge repeal of FMBN Act
Stakeholders in mortgage industry have called for the repeal of the existing Act establishing Federal Mortgage Bank of Nigeria (FMBN) to give room for its comprehensive re-establishment and strengthening of its board. They also sought for the establishment of Institute of Mortgage Brokers and lenders of Nigeria (IMBLN) for the regulation of the sector’s activities…
FMBN, FIRS collaborate to boost housing fund contributions
The Federal Mortgage Bank of Nigeria (FMBN), is collaborating with the Federal Inland Revenue Service (FIRS), to enlist all corporate organisations to key into contributing to the National Housing Fund (NHF) Scheme.
FMBN, FGSHLB disburse N3.35b home renovation loans to civil servants, others
Managing Director of FMBN, Ahmed Dangiwa, disclosed this while presenting cheque to the beneficiaries of the scheme to mark the 2017 Africa Civil Service week.
Stakeholders seek creation of National Housing Council
A tentative outlines of the shape of things to come for housing and settlements development in Nigeria may have started to emerge, as key stakeholders last week ended it’s talk shop and endorsed a workable guide for the beleaguered sector in Abuja.
How FMBN can boost housing stock, by professionals
For The Vice President, Nigerian Institute of Building (NIOB), Mr. Kunle Awobodu, more efforts should be concentrated in tackling the bottlenecks associated with access to mortgages.
FG provides N500 billion to resuscitate FMBN for housing facilities
The Minister of State for Power, Works and Housing, Mustapha Baba-Shehuri made the disclosure yesterday in Lafia when he visited the site of a National Housing Project (NHP).
Mortgage firm pledges affordable housing for Akwa Ibom civil servants
The management of Akwa Savings and Loans Limited has promised to partner with the Federal Mortgage Bank of Nigeria (FMBN) in order to provide affordable houses for Akwa Ibom civil servants.
Gombe State workers to get home renovation loan
To this end, the Head of Gombe civil service Dr. Deniel Mohammed Musa said the state government has signed a Memorandum of Understanding (MoU) with the Federal Mortgage Bank of Nigeria (FMBN) to provide...