Tag Archives: FMBN

Nasarawa State Government has signed a tripartite agreement with Federal Mortgage Bank of Nigeria (FMBN) and the Family Homes Fund (FHF) to build 2,000 houses for low and medium-income workers in the state. The tripartite agreement, which was signed yesterday at a ceremony in the Government House, Lafia, would provide associated financing requirements that would enable workers to purchase the ...

The President of the Nigeria Labour Congress, Ayuba Wabba, has warned the management of the Federal Mortgage Bank of Nigeria to stop building estates for the super-rich with funds deducted from poor workers’ salaries. Wabba stated this on Wednesday at a groundbreaking ceremony for the construction of an estate on an expanse of land acquired in Karshi, Nasarawa State, by ...

NHF loan – As the Coronavirus pandemic (Covid-19) ravages the world with its impact on economy and wellbeing of individual households, experts in real estate are seeing declining liquidity and prioritisation of consumption as major factors that may affect activities in the industry. They also proposed a three month processing time for the National Housing Fund (NHF loan) to ease ...

The Managing Director (MD) of the Federal Mortgage Bank of Nigeria (FMBN), Mr. Ahmed Musa Dangiwa, has donated N43 million worth of foodstuffs and other consumables to residents of the three senatorial districts of Katsina State. The food items donated, which included 1,064 bags of millet and 720 bags of rice, were distributed to the less privileged in the 34 ...

The Federal Mortgage Bank of Nigeria (FMBN) has promised to complete the College of Education Warri Senior Staff Multi-Purpose Cooperative Society Housing Estate, Ekpan, Delta State in a record time. FMBN Managing Director, Ahmed Musa Dangiwa, stated this at the weekend while laying the foundation stone at Adijedo Ekpan. Represented by FMBN Zonal Port Harcourt Manager, Mr. Victor Okosun, Dangiwa ...

Although the Federal Government has been mouthing interests in its efforts to increase housing delivery in the country, actions linked to the central government has not shown any seriousness in the side of government. An estate developer, Mr. Chidi Ifeneme, who has practiced real estate in the US for 15 years said that no budgetary allocation to the sector would make ...

Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement. He made this promise when Board of Directors and the Management staff of the Federal Mortgage Bank of Nigeria (FMBN), paid him a courtesy call ...

NREH was in an interview with Mr. Odukwe Emmanuel, the head of mortgage banking services at Citicode mortgage Nigeria. This interview addresses the things you need to know about the National Housing fund scheme. Things like the criteria needed, those that are eligible to apply, frequently asked questions and how long it takes to process. Mr. Odukwe: Criticode is one ...

The Federal Mortgage Bank of Nigeria, FMBN, has said that more than nine million Nigerians lacked affordable housing. The branch Manager, FMBN, Enugu, Mr. Emeka Aroh, made the disclosure on Friday in Enugu at a one-day seminar organised by a private company, Light Hill Housing Cooperative for multipurpose cooperative societies in the South-East. Aroh said that for Nigerians to have ...

Kaduna State Government says it will collaborate with the Federal Mortgage Bank(FMB) in providing affordable housing to residents of the State. The Deputy Governor of the State Dr. Hadiza Balarabe stated this while receiving officials of Federal Mortgage Bank lead by the Managing Director, Ahmed Dangiwa who paid a courtesy visit to the State Government House. She commended the bank ...