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Minister: Land Reforms Will Unlock $300bn Dormant Capital

Minister: Land Reforms Will Unlock $300bn Dormant Capital   The Federal Government has disclosed plans to unlock over $300bn ‘dead’ capital in the housing sector through a series of reforms in land administration and collaborations with stakeholders. The Minister of Housing and Urban Development, Ahmed Dangiwa, during...

N265bn Disbursed Under National Housing Fund – Fed Govt

N265bn Disbursed Under National Housing Fund - Fed Govt         The Federal Mortgage Bank on Wednesday announced that it had so far disbursed N265bn to subscribers under the National Housing Fund. It also announced that subscribers to the fund had increased to 5.1 million, as 570,000 new...

FMBN, Presidential Panel Collaborate To Recover N43bn From Debtors

FMBN, Presidential Panel Collaborate To Recover N43bn From Debtors   The Federal Mortgage Bank of Nigeria has entered into partnership with the Special Presidential Investigation Panel for the Recovery of Pubic Property to recoup N43bn from the bank’s debtors within the next 18 months. According to FMBN’s...