Category Archives: Housing Finance

AG Mortgage Bank promotes affordable housing in Enugu

AG Mortgage Bank Plc., a Primary Mortgage Bank in the country, has enabled no fewer than 89 subscribers in Enugu to become home owners under the Federal Mortgage Bank of Nigeria (FMBN) National Housing Fund (NHF) Scheme designed to promote home ownership across the country.

Time to explore opportunities in social housing

  Great opportunities abound in the social housing sector of the economy but successive governments in the country have not been able to utilise these opportunities to the benefits of the public. The social housing sector has all the hallmarks of a sector that will

COCMEGG commends FMBN on its positive efforts towards affordable housing

  The Coalition of Civil Societies and Media Executives for Good Governance in Nigeria (COCMEGG) has lauded the Federal Mortgage Bank of Nigeria (FMBN) for making homeownership affordable, available and less cumbersome to Nigerian workers. The affordable home ownership according to the group will drive

FG plans to commission NHP projects in 33 states

  Barring any last minute hitch, the National Housing Programme of the President Muhammadu Buhari-led government will be commissioned in about 33 states of the federation before the end of this year.The President Muhammadu Buhari-led government’s effort at addressing the huge housing deficit in Nigeria,

£2bn fund for building low-cost homes, Theresa May declares

Prime minister to call on associations to help end social housing ‘stigma’ that sees tenants treated as ‘second class citizens’ Housing associations will be handed £2bn in new funding to help them build low-cost homes, under plans set to be announced by Theresa May tomorrow.

Legislative reform and drive towards model mortgage

  To mortgage sector stakeholders in Nigeria, the need for a functional mortgage system cannot be over-emphasised. This is why the drive towards a model mortgage is receiving all the attention that it requires. At the fore-front of this drive is the Nigerian Mortgage Refinance

FMBN, NHIS, PenCom AND PENSIONERS

The Federal Mortgage Bank of Nigeria (FMBN), the National Health Insurance Scheme (NHIS) and the National Pension Commission (PenCom) are three major institutions that have profound influence in the way the welfare of Nigerian workers, retirees and pensioners is shaped. The three institutions share certain

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