FMBN

Experts have expressed mixed reactions to the Federal Mortgage Bank of Nigeria (FMBN) raising the limit for National Housing Fund (NHF) mortgage loans from N15 million to N50 million. Ayodeji Gbeleyi, Chairman of the FMBN Board,…

The Federal Mortgage Bank of Nigeria (FMBN) says it disbursed N175 bilin lion affordable housing loans and construction finance to about 83,513 beneficiaries in the past five years. the In same period, the bank also gained N294.1billion…

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, 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…

The Federal Government has developed three schemes for proper preparation toward exiting the service and smooth transition to retirement for employees in the Federal Civil Service. The Head of Civil Service of the Federation, Mrs.…

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,…