Federal Mortgage Bank of Nigeria

Abbey Mortgage Bank Plc has reported a N622 million profit in 2021, rebounding from a loss of N4.3 billion in the previous year. The year 2021 was indeed a positive one for the bank as evident by its improved income, asset and general…

Minister of Works and Housing, Babatunde Fashola Monday commissioned the AKACARE Cooperative Housing Scheme, the Woodhill Estate, at Kuje, in the Federal Capital Territory (FCT) Abuja, the first of federal government's planned cooperative…

The Federal Mortgage Bank of Nigeria (FMBN) has pleaded with the federal government to inject N500 billion as recapitalisation fund into its coffers, for enhanced service delivery to Nigerians. The executive director, business…

The Minister of Works and Housing, Mr. Babatunde Fashola has reiterated Federal Government’s commitment to the completion of all on-going and abandoned projects across the country. He spoke Thursday when the Management team of Federal…

The Minister of Works and Housing, Babatunde Fashola, has reiterated the federal government’s commitment to the completion of all on-going and abandoned projects across the country. Speaking on Thursday when the management team of …

The Federal Mortgage Bank of Nigeria( FMBN) has disbursed  N2.6 billion to 3,034 beneficiaries under  its intervention housing loan through the Federal Staff Housing Loan scheme, the Managing Director, Mr Ahmed Dangiwa, has said. Dangiwa…

Ahmed Dangiwa, Managing Director, Federal Mortgage Bank of Nigeria (FMBN), said the bank will build 100 housing units in each state and the Federal Capital Territory to address housing deficit in Nigeria. Mr Dangiwa said this in Abuja on…

By Oladele Oguntimehin Stakeholders in the housing sector have knocked the Federal Government for its calls asking for reduction in prices of houses going for sale in the country as professionals in the sector are not happy that…

By Oladele Oguntimehin The Managing Director, Ahmed Adamu, of Federal Mortgage Bank of Nigeria (FMBN) revealed that the company has recovered a total of N5.4 billion from 2017 to date. Adamu stated that a breakdown of the bad debts,…