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FMBN

Government plans portal for sale of houses to Nigerians
7 May  Nigeria
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
19 Apr  Nigeria
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.
Developer seeks price control in real estate, single-digit loans
12 Apr  Property
With housing in short supply, a real estate company, Messrs Sterling Homes Limited has advocated price control in the real estate sector.
FMBN clarifies meeting with Reps on financial report
1 Mar  Property
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
5 Feb  Nigeria
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
How FMBN’s new banking solution will improve housing delivery
4 Jan  Property
The nation’s apex mortgage bank has announced a technology-driven system that would help optimise its operations, writes John Ikyaave, a housing policy analyst. He said it would boost affordable housing delivery
Operatives urge regulatory measures to stimulate mortgage sub-sector
28 Dec 2020  Property
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
28 Dec 2020  Property
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 approves N491.3m for Brekete Family city project
7 Dec 2020  Real Estate
The Federal Mortgage Bank of Nigeria (FMBN) has approved the sum of N491.3 million to finance the Brekete Family Smart City Housing Project in Gurku, Nasarawa State.
FMBN seeks framework for mandatory investors
23 Nov 2020  Property
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’
20 Oct 2020  Business News
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.
FMBN pledges N1b mortgage finance facility to Lagos workers
19 Oct 2020  Property
Fresh facts emerged last week that the Federal Mortgage Bank of Nigeria (FMBN) has set aside N1 billion as guarantee for Lagos civil servants, clamouring for homes under the National Housing Fund (NHF).