Federal Mortgage Bank of Nigeria

Special Assistant to the President on Economic Affairs, Dr Tope Fasua (left); Managing Director, FMBN, Mr Madu Hamman; Vice Chairman, Senate Committee on Housing and Habitat, Victor Umeh; Minister of Housing and Urban Development, Ahmed Dangiwa and President, Real estate Developers Association of Nigeria (REDAN), Alh. Aliyu Wamako during the retreat in Abuja

FG assures FMBN of N500 billion recapitalisation, legislative amendments

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
5 months ago
Block of flats and duplexes built under the Abuja mass-housing scheme in Zuba, Abuja.

Stakeholders seek new housing financing strategies

Stakeholders in the real estate sector have identified lack of access to construction finance by private developers as a major factor militating against the realisation of affordable housing delivery in the country.
3 years ago
[FILES] ICPC Chairman, Prof Bolaji Owasanoye. Photo; TWITTER/ICPCPE

ICPC recovers N53b for mortgage bank

The Independent Corrupt Practices and other related Offences Commission (ICPC), at the weekend, said it recovered N53 billion from a real estate developer for the Federal Mortgage Bank of Nigeria
3 years ago
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