FMBN Archives - Vanguard News

FMBN reiterates commitment to provide affordable housing for workers

On April 7, 20205:33 amIn Homes & Propertyby Rasheed Sobowale

By Chris Ochayi The management of the Federal Mortgage Bank of Nigeria, FMBN, has reiterated it’s commitment to facilitate the provision of decent and affordable housing to workers across the nation. Managing Director and Chief Executive of the apex mortgage bank, Ahmed Musa Dangiwa, an architect, said the government would give priority to issues affecting
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REDAN advocates N1trn recapitalization for FMBN

On March 31, 20209:34 amIn Homes & Propertyby Rasheed Sobowale

…Says it will trigger rapid affordable housing delivery By Chris Ochayi Real Estate Developers’ Association of Nigeria REDAN, key players in the real estate sector of the nation’s economy, have called on the Federal Government to recapitalize the Federal Mortgage Bank of Nigeria FMBN, to the tune of N1trillion to enable the apex mortgage bank
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Police assault Vanguard driver in Akwa Ibom

Recapitalize FMBN with N1trn – REDAN tells FG

On March 25, 20208:07 amIn Newsby Nwafor

Key players in real estate sector have called on the Federal Government to recapitalize the Federal Mortgage Bank of Nigeria, FMBN, to the tune of N1trillion to enable the bank increase delivery of affordable housing to subscribers of the National Housing Fund, NHF, Scheme.

FMBN to commission Abakiliki new office complex

On March 10, 202012:56 pmIn Newsby Nwafor

The Management of the Federal Mortgage Bank of Nigeria, FMBN, said, it has put in place final arrangements to commission its newly completed office complex in Abakiliki, the Ebonyi State capital.

Wammako urges recapitalsiation of FMBN

On March 1, 20205:42 amIn Homes & Propertyby Rasheed Sobowale

By Nnamdi Ojiego New President of the Real Estate Developers Association of Nigeria (REDAN), Dr. Aliyu Wammako, has made a call for the urgent recapitalization and streamlining of the Federal Mortgage Bank of Nigeria (FMBN). Wammako made the call at his investiture as the 4th President of REDAN in Abuja. The new REDAN boss stated
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FMBN needs 500bn recapitalisation to provide affordable houses — Umar Abdullahi

On September 18, 20191:19 pmIn Business, Newsby Bankole

Mr Umar Abdullahi, Executive Director, Business Development & Portfolio Mgt, Federal Mortage Bank of Nigeria, FMBN, has asserted that the bank needs urgent rescue and recapitalisation of 500 billion naira in a bid to provide affordable housing for Nigerians and upscaling of the secondary mortgage market.

FMBN processes N12.4b NHF refunds,registers 224,752 in 2018

On December 16, 20189:43 pmIn Business, Newsby vanguard

The Federal Mortgage Bank of Nigeria (FMBN) says it has processed N12.4 billion refunds to contributors of the National Housing Fund scheme and registered 224,752 to the fund in 2018.

FMBN recovers N5.4bn debts in 2yrs

On November 27, 20182:19 amIn Businessby Nwafor

ABUJA: The management of Federal Mortgage Bank of Nigeria, FMBN, said it has recovered N5.4 billion loan owed to the bank by debtors in the last two years.

FMBN makes housing more affordable for workers with rent-to-own scheme

On August 21, 20181:38 amIn Homes & Propertyby Nwafor

The recent launch of the rent-to-own housing scheme with the approval of the board of the Federal Mortgage Bank of Nigeria FMBN, is specifically to make housing more affordable for Nigerian workers who, ordinarily, cannot build or buy homes from their meagre income.

FMBN begins ‘Rent to Own’ pilot scheme with 3000 houses nationwide

On August 12, 20188:49 pmIn Business, Newsby vanguard

The Federal Mortgage Bank of Nigeria (FMBN) Board has approved the implementation of the ‘Rent-To-Own’ pilot housing scheme to begin with 3000 houses nationwide.