National Housing Fund
To mitigate the burden of housing Nigerians, the Federal Government has been urged to provide tax incentives, grants or waivers for private estate developers engaged in providing millennial homes.
Fresh building blocks were again laid recently in Lagos, unto Nigeria mortgage finance sub-sector, when key operatives gathered to unveil an N3 billion facility
28 Dec 2020
The Federal Government has reiterated its determination to complete the Nigerian Workers Affordable Housing Development programme, which was launched two years ago.
23 Nov 2020
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
16 Dec 2019
Following its mandate to boost the provision of affordable housing to Nigerian workers that are registered contributors to the National Housing Fund (NHF) scheme, the Federal Mortgage Bank of Nigeria (FMBN) has re-stated strong commitment to the speedy processing of qualified housing loan applications. The bank has also appealed to its partner primary mortgage banks…
29 Nov 2019
Hope for universal shelter was rekindled yesterday as the Senate mandated its Committee on Housing to work out modalities with stakeholders in the housing sector for affordable housing for the low-income Nigerians.
16 Jul 2019
New President and Chairman, Governing Council of the Chartered Institute of Personnel Management of Nigeria (CIPM), Wale Adediran, in this interview with GLORIA EHIAGHE, spoke about the positive growth of the Human Resources (HR) profession in Nigeria. He explained how passionate the institute is in changing the unemployment narrative and his plans for the institute during his two-year tenure, among other national issues.
7 Jan 2019
Office of the Head of Service of the Federation (OHOSF) is to adopt the rent-to-own housing scheme developed by the Federal Mortgage Bank of Nigeria (FMBN) for allocation of houses under the Federal Integrated Staff Housing (FISH) programme to federal civil servants. The Head of Service of the Federation, Mrs. Winifred Oyo-Ita disclosed this at…
17 Dec 2018
Nigeria’s leading mortgage institution, the Federal Mortgage Bank of Nigeria (FMBN) has disbursed housing loans totaling N40.9 billion to 1,843 National Housing Fund (NHF) contributors. The bank has also provided home renovation loans totaling N14.072billion to 16,031 Nigerian workers, and processed N12.4billion refunds to contributors and registered 224,752 to the fund. The figures was released…
26 Nov 2018
DEBO ADEJANA is the Managing Director and Chief Executive Officer, Realty Point Limited, a mass housing development company, passionate about cooperative housing and homeownership. In this interview with BERTRAM NWANNEKANMA, he spoke on the widening housing gap in Nigeria and how government can help the private sector in addressing the needs. In Nigeria, there are…
9 Jul 2018
Contributors to the National Housing Fund (NHF) may soon heave a sigh of relief as the Federal Government is set to deliver 112 units of one and two bedroom flats in Sedona estate in the Ikorodu axis of Lagos State. The N667 million project is a ministerial pilot housing scheme that has been conceived…
7 May 2018
Amid cconcerns that some contributors to the National Housing Fund (NHF) have not been able to access loans, the Federal Mortgage Bank of Nigeria (FMBN) has assured Nigerians that the amendment of the enabling legislations in the scheme would make it more robust and beneficial. Accordingly, the bank explains that the objective is to expand…