FMBN adopts rent-to-own housing scheme for NHF contributors
In a renewed effort to make homeownership more accessible and affordable for Nigerian workers, Federal Mortgage Bank of Nigeria (FMBN) has kick-started the implementation of a rent-to-own housing scheme.
FG targets off-takers for N667m housing scheme in Lagos
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…
FMBN to remove equity payment in estates
In its determination to guarantee affordable housing to Nigerian workers, the Federal Mortgage Bank of Nigeria (FMBN) has vowed to remove equity payments in its completed...
FMBN disburses N7billion loans to 800 beneficiaries
The Federal Mortgage Bank of Nigeria (FMBN), has disbursed more than N7billion as mortgage loan to over 800 beneficiaries this year, as part of efforts...
FMBN generates N9.5billion in second quarter from NHF collections
The Federal Mortgage Bank of Nigeria (FMBN), has made a total collection of N9.5billion under the National Housing Fund (NHF), and disbursed the sum of N1.12billion to 150 beneficiaries for the second quarter (Q2), 2017.
Sage launches new solutions to boost accounting processes
Sage, market and technology leader for integrated accounting, payroll & HR and payment systems, has launched Sage One Payroll and Sage One Invoicing..
Fashola inaugurates 100 housing units in Ogbomosho
Mr Babatunde Fashola, the Minister of Power, Works and Housing, has inaugurated 100 housing units in Ogbomosho, Oyo state, a project funded by the Federal Mortgage Bank of Nigeria (FMBN).
Stakeholders seek single digit interest rate for mortgage loans
Still grappling with the problem of access to long-term fund for housing, stakeholders have urged the Federal and State governments to maintain the single digit interest rate in mortgage loan even if it requires subsidizing for the low income earners.