Government plans portal for sale of houses to Nigerians
The Federal Ministry of Works and Housing has explained that it plans to unveil a dedicated web portal for the sale of buildings to Nigerians in the next few weeks.
Senate flays FMBN for spending N14.2b on ‘unexecuted’ housing project
The Senate Committee on Public Accounts has reprimanded the Federal Mortgage Bank of Nigeria (FMBN) for spending N14.2 billion on unexecuted 963 units of houses.
FMBN clarifies meeting with Reps on financial report
The Federal Mortgage Bank of Nigeria (FMBN) said the media reports saying the bank has five years unaudited accounts are wrong.
Reps panel chides FMBN, TETFUND over unaudited accounts
House of Representatives Committee on Public Accounts, yesterday, chided the Federal Mortgage Bank of Nigeria (FMBN) and Tertiary Education Trust Fund (TEFFUND) for their failure to present their audited accounts
Operatives urge regulatory measures to stimulate mortgage sub-sector
Mortgage operators have appealed for regulatory-induced fiscal and monetary measures that would stimulate the sub-sector towards sustainable development.
Doctors, FMBN launch 525-unit housing scheme in Awka
Towards increasing housing stock, the National Association of Resident Doctors (NARD) has commenced an affordable housing scheme for 4,000 members in the country.
FMBN seeks framework for mandatory investors
The Federal Mortgage Bank of Nigeria (FMBN) estimates that over N1.5 trillion investments in the National Housing Fund (NHF) scheme have been denied the housing finance sector due to the non-compliance
‘Banks, insurers failed to contribute to NHF scheme’
The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, said institutional contributors, such as banks and insurance companies have failed to make their required investments in the national housing fund (NHF) scheme.