FG, FMBN Target 1.7m Nigerians in Diaspora With Housing Scheme  The federal government, through the Federal Mortgage Bank of Nigeria (FMBN), says it is working in collaboration with the Nigerians in Diaspora Commission (NIDCOM) to assist Diaspora Nigerians interested in buying or building houses back...

Reps To Raise FMBN’s Capital To N100bn       The House of Representatives is considering raising the capital base of the Federal Mortgage Bank of Nigeria from the current N5bn to N100bn. Also, the mortgage bank may also be opened to private investors and shareholders. These are proposed in...

FG Begins Commercialisation Of Federal Mortgage Bank       The Federal Government on Thursday announced that it had commenced the process for the full commercialisation of the Federal Mortgage Bank of Nigeria. Part of the process was the inauguration of the Joint Technical Committee for the commercialisation of...

230 FMBN Retirees Appeal To Buhari Over Outstanding Pensions   Two hundred and thirty surviving pensioners of the Federal Mortgage Bank of Nigeria (FMBN) and the Federal Mortgage Finance Limited have cried out to President Muhammadu Buhari to compel their former employers to pay them their...

FMBN Disburses N75.5bn For 3,541 Mortgages, Others   The Federal Mortgage Bank of Nigeria processed and disbursed a total of N75.5bn for 3,541 mortgages and 25,242 home renovation loans in two years. FMBN’s Managing Director, Ahmed Dangiwa, disclosed this recently in Abuja while assessing results of the...