Ministry targets over 1,000 units in new housing scheme
Pressed to increase the housing stock, the Federal Government has announced that over 1,000 units are at various levels of completion under the second phase of the National Housing Programme(NHP).
FMF, others list strategies to curb impact of coronavirus in real estate
Following the impact of the coronavirus pandemic on the real estate sector, stakeholders including five chief executives in the mortgage finance industry have move to cushion the effect on the average Nigerians seeking decent and affordable housing in the country.
FMBN to offer moratorium for housing loans
AMID the impact of coronavirus in mortgage and housing sector, the Federal Mortgage Bank of Nigeria (FMBN) is considering a 180 and 360 days moratorium to existing loan beneficiaries under its projects.
FMBN mulls up to one year loan moratorium
The Federal Mortgage Bank of Nigeria (FMBN), has said it may to consider offering existing loan beneficiaries between 180 and 360 days of moratorium due to the ravages of the coronavirus (COVID-19) pandemic in the country.
Developers get new president, seek FMBN recapitalisation
For the umpteenth time, private estate developers have called for the recapitalisation and streamlining of the Federal Mortgage Bank of Nigeria (FMBN).
‘Shift focus to functional, affordable homes for low-income’
Disturbed by a shortfall in supply, the Federal Mortgage Bank (FMBN) of Nigeria has advised developers to shift focus towards the provision of functional and affordable homes
FMBN disburses N238 billion in 27 years
The Federal Mortgage Bank of Nigeria (FMBN), said it has disbursed about N238billion in 27 years, which has helped to construct and deliver 7,740 housing units
FMBN in talks with Kano government on NHF scheme revival
Determined to ensure participation of all states in the National Housing Fund (NHF) scheme, the Federal Mortgage Bank of Nigeria (FMBN) has appealed to the Kano State Government to renew its participation in the National Housing Fund (NHF) Scheme.