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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.

Recent Stories

Senate deputy minority leader endorses Amotekun

Sen. Emmanuel Bwacha, representing Taraba South Senatorial District and Senate Deputy Minority Leader, on Sunday, voiced his endorsement of ‘Operation Amotekun’ recently launched by governors in South-West zone.
Mrs Marian Onuoha, aka Mama Sure P, the candidate of the All Progressives Congress (APC) has emerged the winner of rerun election for the Isiala Mbano-Okigwe-Onuimo Federal Constituency seat conducted by the INEC on Saturday.

APC, AA win Imo rerun elections

Mrs Marian Onuoha, aka Mama Sure P, the candidate of the All Progressives Congress (APC) has emerged the winner of rerun election for the Isiala Mbano/Okigwe/Onuimo Federal Constituency seat conducted by the Independent National Electoral Commission on Saturday.
Lagos State Commissioner for Waterfront Infrastructure Development, Ahmed Kabiru Abdullahi

Lagos government arrests 14 illegal sand dredgers in Banana Island

The Lagos State Government has arrested 14 illegal sand dredgers on the shoreline of Ikoyi-Lekki axis in Banana Island during a compliance enforcement exercise.
Nigerian professional football league side Akwa United has completed the signing of Chan Eagles defender Olisa Ndah.

Akwa United sign defender Olisa Ndah from Remo Stars

Nigerian professional football league side Akwa United has completed the signing of Chan Eagles defender Olisa Ndah.
Two second-half goals from Osimaga Duke and Spencer Bassey gave Dakkada FC a comfortable 2-0 win over Jigawa Golden Stars in a Nigeria Professional Football League (NPFL) Matchday 17 game decided on Saturday.

Dakkada thrash Jigawa Golden Stars to move fourth on NPFL table

Dakkada football club scored twice in the second half to beat Jigawa Golden Stars in the matchday 17 of the Nigeria professional football league game played at the Nest of Champions in Uyo on Saturday.