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Tag Archives: mortgage loans

Nigerian workers get over N190b mortgage loans in 20 months

Mortgage loans

Managing Director of Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, on Wednesday, revealed that a sum of N193.4 billion mortgage loans had been disbursed to 18,935 Nigerian workers. Dangiwa, who stated this, in Abuja, at the launch of FMBN’s digital platforms, noted that this was done in collaboration with Nigerian Labour Congress (NLC), Trade Union Congress (TUC) and Nigeria ...

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Adamawa govt. complements FG Housing Programme- Bindow

housing programme

Yola – Gov. Mohammed Bindow of Adamawa on Tuesday said that the state government would complement Federal Government housing programme aimed at providing affordable houses for the state workforce. Bindow gave the assurance at the Ground Breaking of 100 units National Affordable Housing Delivery Programme for Nigerian workers in Yola. Reports show that the project is being financed by the ...

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Insurance brokers seek FG’s support on housing projects

Housing projects

The Nigerian Council of Registered Insurance Brokers has urged the Federal Government to incorporate appropriate insurance policies into its housing projects. The President of the council, Mr. Shola Tinubu, who recalled that the Federal Government recently announced that N197bn was spent on the construction of 26,002 houses and the renovation of 13,953 homes across the country, stressed the need to ...

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FG to introduce insurance as a condition for getting mortgage loans

insurance

The Nigerian Mortgage Refinancing Company and the Nigerian Insurers Association are jointly working to integrate title insurance as a mandatory condition to get mortgage loans. Sunday Thomas, the Director-General of NIA, disclosed this to a punchng correspondent in an exclusive interview, saying that the NMRC was working with the indigenous underwriters to introduce insurance as a condition for getting mortgage ...

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