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Tag Archives: FCMB

FAAN engages contractors, banks for airport infrastructure funding

FAAN

The Federal Airports Authority of Nigeria (FAAN) has initiated a process to improve funding to its contractors through commercial banks. At a stakeholders’ meeting on Tuesday, The Managing Director of FAAN, Mr. Saleh Dunoma, said the scope involved working with selected financial institutions to provide liquidity to the agency’s major contractors, through direct and contingent funding. Dunoma, who was represented ...

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FMBN disburses N2.3b housing renovation loans

Mortgage Credit Rating

According to The Nation, the Federal Mortgage Bank of Nigeria, FMBN says it has disbursed N2.3 billion to 3,104 beneficiaries under its housing renovation loans scheme nation wide. Its Managing Director, Ahmed Musa Dangiwa who spoke yesterday in Sokoto while flagging off the state’s disbursement exercise of N243.1 million to 263 benefiting  civil servants in the state service, assured that ...

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