FMBN disburses N455b loans, refunds N91b in 33 years

Since its inception in 1992, the Federal Mortgage Bank of Nigeria (FMBN) has disbursed a total of N455.13 billion in loans under the National Housing Fund (NHF), of which N29.5 billion was distributed between January and October 2024 alone.

Chinedum Uwaegbulam

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