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Tag Archives: mortgage facilities

Stanbic IBTC Pension Managers invests N350bn in equity market to access mortgage facilities

Stanbic IBTC

Stanbic IBTC Pension Managers Ltd. (SIPML) says the company’s Assets Under Management (AUM) presently stands at N2.53 trillion with N350 billion invested in the equities market. Eric Fajemisin, SIPML Chief Executive Officer, stated this at a media conference in Lagos. He said that the company’s AUM was in excess of N2.53 trillion with over 1.6 million retirement savings accounts across ...

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Nigerian govt provides N500 billion to FMBN for mortgage facilities

Nigerian govt provides N500 billion to FMBN for mortgage facilities

Premium Times reports that the Federal Government says it has provided N500 billion to resuscitate the Federal Mortgage Bank of Nigeria, FMBN, to make mortgage facilities easily available to Nigerians. Mustapha Baba-Shehuri, the Minister of State for Power, Works and Housing, announced this in Lafia on Monday when he called on the Nasarawa State Deputy Governor, Silas Agara. The News ...

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