By Paul K. Adegboyega It is no longer news that Nigeria faces a huge housing challenge that requires trillions of naira to fix. Experts say the housing deficit is now over 20million units while the number of affordable houses built...
NMRC to replicate housing finance solution in other housing reform friendly states The Ogun State Government has leveraged its adoption and implementation of housing market reforms to attract N2.5Billion from the Nigeria Mortgage Refinance Company (NMRC) to enhance the...
By Terhemen Mark Chieshe To fight climate change, the world must re-think how buildings are designed, developed, rendered, built, and operated. As a result of unsustainable construction practices, buildings account for 35 - 40% of energy-related greenhouse gas emissions. As...
The Federal Mortgage Bank of Nigeria (FMBN) in 2021 recorded NHF refund payments totaling N11.027Billion to 53,972 retired contributors to the National Housing Fund (NHF) Scheme. The remarkable increase in NHF refunds in 2021 reflects a four-year trajectory of steady...
The operations of the Nigeria Mortgage Refinance Company (NMRC) are enhancing significant improvements in housing finance availability and affordability in Nigeria. Commercial and Mortgage banks now have greater access to long-term finance and are expanding access to affordable homeownership...
The Federal Mortgage Bank of Nigeria (FMBN) has created over 500,000 skilled and unskilled jobs between 2017 to date through its affordable housing interventions. Arc. Ahmed Dangiwa, the Managing Director/CEO of Federal Mortgage Bank of Nigeria revealed this yesterday during...
The Honorable Minister of Works and Housing, Babatunde Raji Fashola yesterday inaugurated Mr. Ayodeji Gbeleyi as the Chairman, FMBN Board of Directors, at the Ministry’s headquarters in Abuja. The inauguration formalizes Ayodeji’s appointment by President Muhammadu Buhari in January to...
Salamatu Ahmed is a level 9 administrative officer with the Citizenship and Leadership Training Center in Abuja. Shortly after she gained employment, she registered and consistently contributed to the National Housing Fund (NHF) Scheme. The NHF is a federal...
January 31, 2022 The key elements for the growth of Nigeria's national mortgage finance market are gradually taking shape. Major housing industry players including mortgage banks, financing institutions, and developers are working together in a more structured fashion. The country’s...
Our oceans are critical for human existence and a cornerstone of the global economy. More than 3 billion people rely on the ocean for their food, jobs, and livelihoods. Yet the impacts of climate change, overfishing, and pollution are putting...
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