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Federal Mortgage Bank of 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.

Federal Mortgage Bank approves 3,000 housing scheme for workers

The Board of the Federal Mortgage Bank of Nigeria (FMBN) has approved the implementation of a new Rent-To-Own Housing Scheme aimed at making home ownership more accessible and affordable for Nigerian workers.

Federal Mortgage Bank reduces conditions for housing loan

Nigerians above 18 with a steady paycheck will now be able to access up to N5 million housing loan from the Federal Mortgage Bank of Nigeria without equity contribution.

Presidential panel to recover N87 billion bad debts for FMBN

The Special Presidential Investigation Panel for the Recovery of Public Property has disclosed plans to recover N87 billion bad debts owed the Federal Mortgage Bank of Nigeria (FMBN) by developers.

PenCom: Pension fund assets hit N8.14 trillion

The National Pension Commission (PenCom) said that the total pension fund assets stood at N8.14 trillion as at May 2018.

Governor Obaseki urges civil servants to embrace federal government’s housing scheme

Edo State Governor, Mr. Godwin Obaseki, has urged civil servants in the State to embrace the Federal Government Housing scheme to enable them become homeowners after retirement.
Governor of Edo State, Mr. Godwin Obaseki

Governor Obaseki urges Edo workers to embrace housing scheme

The Edo State Governor, Mr. Godwin Obaseki, has urged the state government workers to embrace the federal government housing scheme to enable them become homeowners after retirement.

Housing: Federal government grants 0% equity for loans not exceeding N5 million to civil...

The Federal Mortgage Bank of Nigeria, FMBN, has been mandated to grant 0 per cent equity for loans not exceeding N5 million to federal civil servants.
Abdullahi Mashi

Health ministry gets new permanent secretary

The new Permanent Secretary of Nigeria’s Federal Ministry of Health, Abdullahi Mashi, has assumed office, a press statement from the ministry has stated.

Budget padding: Group commends court for voiding Rep Abdulmumin Jibrin’s suspension

The African Centre for Media and Information Literacy (AFRICMIL) has commended the court judgment nullifying the suspension of a member of House of Representatives, Abdulmumin Jibrin.

Minister Babatunde Fashola wants professionals indicted in collapsed building jailed to serve as deterrent

The Minister of Power, Works and Housing, Mr Babatunde Fashola (SAN), has said that jailing any professional responsible for collapsed building would serve as deterrent and prevent reoccurrence.

NESG calls for special intervention fund on mass housing devt

The Infrastructure Policy Commission (IPC) of Nigeria Economic Summit Group (NESG) has advocated the need for Nigeria to develop a special intervention fund that would help to subsidise the cost of mass housing development.
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 issues N20.2 billion mortgages to NHF subscribers

To assist Nigerians buy their own homes, the Federal Mortgage Bank of Nigeria (FMBN) has issued 2,724 mortgages worth N20.237 billion to subscribers under the National Housing Fund (NHF).

Senate to withhold EFCC, NNPC, 254 others’ budgets over unaudited accounts

The Senate has given over 256 Federal Government’s agencies and parastatals to present reports of their audited accounts up to 2017 or have their 2018 budgets withheld.

Babatunde Fashola: FMBN issues 2,724 mortgages worth N20.237 billion

The Minister of Power, Works and Housing, Babatunde Fashola, said that since 2015 to date, the Federal Mortgage Bank of Nigeria had issued 2,724 mortgages to Nigerians.

Federal govt should replicate agricultural programmes in housing sector – NGO

Shelter Rights Initiatives, a Non-Governmental Organisation (NGO), has appealed to the Federal Government to replicate its laudable agricultural sector programmes in the housing sector to solve housing deficit.

Federal govt urged to exercise strong political will to address housing deficit

A housing expert, Mr Festus Adebayo has appealed to the Federal Government to show commitment and exercise strong political will in ensuring speedy growth in the housing sector in 2018.

APC South Africa commends President Buhari over boards appointment

The All Progressives Congress (APC), South Africa chapter, on Sunday, commended President Muhammadu Buhari on the constitution of the Governing Boards of Agencies and Parastatals.

Presidency defends board appointment list

The Presidency says there is nothing “scandalous or extraordinary’’ in the inclusion of the names of some dead persons in the list of appointments into boards of some agencies released on Friday.

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