Tag Archives: Home renovation loan

“The Federal Mortgage Bank of Nigeria (FMBN) has engaged the assistance of the Nigeria Deposit Insurance Corporation (NDIC) for the recovery of its funds trapped in distressed Primary Mortgage Banks (PMBs) and liquidated commercial banks in the country.”- The Guardian Already, FMBN has received and executed agreements in respect of six out of eight distressed Primary Mortgage Banks and hopes ...

According to PM News, the Federal Mortgage Bank of Nigeria (FMBN) on Monday disbursed N643 million loan to 740 federal civil servants who benefited from its Home Renovation Loan (HRL) scheme. The beneficiaries are the fifth batch in the scheme affords National Housing Fund (NHF) contributors opportunity to access mortgage loans of N1 million for renovation of their existing homes. ...

The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Mr. Gimba Ya’U Kumo, has said government has concluded arrangement to launch its home renovation loan to help contributors of National Housing Fund (NHF) improve their living conditions at affordable cost and its offshore mortgage scheme for Nigerians residing abroad. The Nigeria Diaspora mortgage scheme, THISDAY learnt will provide opportunities for ...