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Federal Mortgage Bank of Nigeria

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Banks implement new CBN guidelines on debt recovery

Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks.

GSI: Banks notify customers of move to seize debtors’ funds

As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified customers of their readiness to seize debtors’ funds across financial sector.

Nigeria’s cooperative housing initiative for informal sector commences

The first of the federal government’s planned cooperative housing initiative to reach the informal sector in the country came on stream Monday as the Minister of Works and Housing, Babatunde Fashola, commissioned the AKACARE Cooperative Housing Scheme, the Woodhill Estate, at Kuje, in the Federal Capital Territory (FCT) Abuja.
The Nigeria Governors’ Forum (NGF) and the Federal Government have commenced a Human Capital Development (HCD) plan towards moving 24 million Nigerians out of poverty before 2030.

NGF: States working with federal government, others to control Lassa fever

The Nigeria Governors’ Forum (NGF) says it is working with the Federal Ministry of Health and other agencies to intensify efforts to control Lassa Fever in the country, as well prevent any case of the Coronavirus in the country.
A sergeant with the Nigerian Air Force, Umaru Bashir, has won the 2019 edition of Gani Fawehinmi Impact and Integrity Awards in Lagos.

Nigerian Air Force sergeant wins Gani Fawehinmi Awards

A sergeant with the Nigerian Air Force, Umaru Bashir, has won the 2019 edition of Gani Fawehinmi Impact and Integrity Awards in Lagos.
Senate President Ahmed Lawan 2

Senate moves to ensure provision of affordable housing for poor Nigerians

The Senate on Thursday mandated its Committee on Housing to urgently work out modalities with the various stakeholders in the National Housing Development sector to ensure the implementation of affordable housing for the poorest Nigerians.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

Housing deficit: FMBN to partner Brekete Family to create awareness

The Federal Mortgage Bank of Nigeria (FMBN) will partner the Brekete Family a reality radio and television programme, to create more awareness on its several products aimed at ensuring affordable houses for Nigerians, Mr Ahmed Dangiwa, says.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

Federal mortgage bank seeks N500 billion recapitalisation fund

Mr. Umar Dankane, Executive Director, Business Development and Portfolio Management of the Federal Mortgage Bank of Nigeria has said that the bank needs a N500 billion recapitalisation fund for optimal performance.

Housing deficit: National Assembly assures on implementable laws

Hon. Gideon Luka, Minority Whip, House of Representative has promised to formulate implementable laws to address housing deficit in the country.

Enugu hosts Southeast housing summit

Real Estate Developers Association of Nigeria, (REDAN), South-East zone, has concluded arrangements to host a major Housing Summit and Exhibitions next month.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

FMBN disburses N2.6bn to 3,034 beneficiaries

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.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

FMBN to build 3,700 housing units across states, FCT

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.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

Official: Mortgage bank to tackle house deficit with NHF scheme

The Federal Mortgage Bank of Nigeria says that it is targeting multiple housing units across states of the federation through the National Housing Fund scheme, as part of efforts to tackle the housing deficit in the country.
Mrs Hannatu Fika, Executive Secretary, Federal Government Staff Housing Loans Board (FGSHLB)

Official: Over 30,000 public servants benefit from housing loan

Mrs Hannatu Fika, the Executive Secretary, Federal Government Staff Housing Loans Board (FGSHLB), said that a total of 30,258 public servants have benefited from the board’s housing loan programme since its inception in 1924.
Senate President, Dr. Abubakar Bukola Saraki, has said that the Senate on resumption of plenary will further probe the NNPC on diversion of dividends from the Nigerian Liquefied Natural Gas (NLNG).

Senator Saraki, Speaker Dogara, others bag awards for exemplary leadership

Arrangements have been concluded to honour the Senate President, Dr. Abubakar Bukola Saraki; Speaker of House of Representatives, Yakubu Dogara, and three others with special media awards.
Minister of Power, Works and Housing, Babatunde Fashola, during inspection of FHA Zuba mass housing site.

FHA to launch low class housing units in Zuba

The Federal Housing Authority (FHA) has promised to ensure that common Nigerians yearning for housing allocations in the country benefited from its nearly completed housing scheme in Zuba, FCT and nationwide.

Expert: Merger of ‎housing ministry with power, works stifled growth

An expert in the housing sector and convener of the Abuja International Housing Show‎, Barr. Festus Adebayo, has lamented that the decision of President Muhammadu Buhari to merge‎ the Ministry of Housing ‎with that of Power and Works has stifled growth in the sector, while also contributing to housing deficit in the country.

Anambra benefits from federal government’s N500 million housing scheme

Anambra state has benefited from the federal government’s 500 million naira Staff Corporation housing scheme through the Federal Mortgage Bank of Nigeria, FMBN.

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Kano Disco urges tenants to verify electricity bill before renting apartment

The Kano Electricity Distribution Company (KEDCO) on Tuesday urged potential tenants to always verify electricity bill status before renting apartments in Kano, Katsina and Jigawa States.
The Nigerian Ports Authority (NPA) says it has come up with solutions to reduce the waiting time of vessels berthing at Lagos terminals.

Nigerian seaports to commence 24-hour operation

Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this on Tuesday in Lagos while briefing the media after the second edition of the monthly meeting of heads of maritime parastatals, held at the NIMASA headquarters.

China achieves progress in battle against cyber crimes – report

China said it has made headway in cracking down on illegal online businesses, said a report on the country’s cybersecurity in 2019.
Kaduna State Ministry of Health on Saturday confirmed that a four-month-old child was among the 20 new coronavirus cases recorded in the state on Friday.

Kwara records eight new cases of coronavirus

Kwara has recorded eight new cases of the coronavirus (COVID-19) pandemic as at 11.45p.m on Monday, Aug 10.

Obadiah Mailafia: Serving northern governor a Boko Haram leader

Dr. Obadiah Mailafia, a former Deputy Governor of the Central Bank of Nigeria, says repentant terrorists revealed that a serving northern governor is a Boko Haram leader. Mailafia said this on ‘Morning Crossfire’ programme on Nigeria Info Abuja 95.1FM on Monday.