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Tag Archives: Mr. Gimba Yaú Kumo

FMBN To Establish Nigeria Navy Primary Mortgage Bank

FMBN boss blames high interest rates for housing crisis

The Managing Director/Chief Executive Officer of Federal Mortgage Bank of Nigeria (FMBN), Mr. Gimba Yau Kumo has unveiled his determination to establish the Nigeria Navy Primary Mortgage Bank (PMB) for efficient processing of Naval National Housing Fund (NHF) loan application. Kumo who disclosed this during a courtesy visit to the Naval Headquarter in Abuja noted that Suntrust S & L ...

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Nigerian’s cannot afford more than single digit mortgage – FMBN boss

Coalition Hails FMBN Chief Kumo For His Laudable Achievements

The Federal Government recently re-appointed Mr. Gimba Yaú Kumo as Managing Director of Federal Mortgage Bank of Nigeria (FMBN) for a second tenure of four years. In this interview from Vanguard news, he assesses the mortgage industry in Nigeria and the plan to recapitalize FMBN for better performance. Below are excerpts of the interview. How would you describe the mortgage ...

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