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Federal Mortgage Bank of Nigeria
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.
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.
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) 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.
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) 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.
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.
Hon. Gideon Luka, Minority Whip, House of Representative has promised to formulate implementable laws to address housing deficit in the country.
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 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, 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.
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.
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 state has benefited from the federal government’s 500 million naira Staff Corporation housing scheme through the Federal Mortgage Bank of Nigeria, FMBN.
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.
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 said it has made headway in cracking down on illegal online businesses, said a report on the country’s cybersecurity in 2019.
Kwara has recorded eight new cases of the coronavirus (COVID-19) pandemic as at 11.45p.m on Monday, Aug 10.
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.
At least 306 Nigerians stranded in the United Arab Emirates due to the coronavirus pandemic have returned home, the Nigerians in Diaspora Commission has said.
World Wrestling Entertainment (WWE) legend James Harris popularly known as Kamala has died after complications from coronavirus.
Ilaje Communities in Warri South-West Local Government Area of Delta have appealed to the Federal Government to revive the abandoned Gas Revolution Industrial Park (GRIP) and other projects in the area.
The United States National Counterintelligence and Security Centre has alleged that China, Russia and Iran were interfering in the 2020 electoral process.
Nutritionist have warned against feeding cow milk to infants aged less than a year as it increases the rate of diseases in children.