Tag Archives: Housing loan

Mrs. Hannatu Fika, Executive Secretary, Federal Government Staff Housing Loans Board (FGSHLB), on Monday said that over 50,000 public servants have benefitted from the different housing programmes of the board. Fika, who disclosed this in an interview in Abuja, said that the board has been working assiduously to ensure that public servants own their own homes. “Over 50,000 federal public ...

The Federal Mortgage Bank of Nigeria has announced that Nigerians above 18 with a steady paycheck will now be able to access up to N5 million housing loan without equity contribution. This was stated as one of the new conditions for accessing mortgage funds from the bank. According to a statement by Zubaida Umar, the revised requirements are a 100% ...

The Nation reports that the Nigerian Immigration Service, (NIS) in collaboration with the Federal Mortgage Bank, has secured a housing loan facility for 60 officers and men of the service. The facility is worth N60 million. Comptroller General, (CG) of NIS, Muhammad Babandede, disclosed this at the official presentation of a dummy cheque to beneficiaries. Babandede said the development is ...

Hope rises for low rate housing loan as NMRC refinances mortgage pushes for model mortgage, foreclosure law adoption The Nigeria Mortgage Refinance Company (NMRC), the private sector-led secondary mortgage institution in Nigeria, has raised hope for low interest rate on housing loan as it commits to its mandate of refinancing mortgages created by the primary mortgage banks (PMBs) in the ...