Federal Mortgage Bank of Nigeria
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, 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.
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).
FMBN posts N2.7 billion operating surplus for 2016
The Federal Mortgage Bank of Nigeria (FMBN) has posted operating surplus of N2.7 billion for the year ended December 31, 2016, marking the Bank’s return to profitability for the first time in over two decades.
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...
Council tasks government on public rental housing, urban renewal
The government has been called upon once again to cast its eyes more determinedly at the housing sector, especially on mass housing provision for its teeming low-income sector.