NIKE POPOOLA explains how a worker can utilise part of the Retirement Savings Account balance with the Pension Fund Operators for payment of equity contribution for residential mortgage The National Pension Commission recently approved the guidelines to access Retirement Savings...
*Canvass establishment of mortgage guaranty company Deji Elumoye in Abuja The Mortgage Bankers Association of Nigeria (MBAN) has welcomed federal government’s approval of the guidelines, which allows pension funds account holders to access 25% of their balances for mortgage purposes,...
The state-owned lender, which will provide money for the fund, plans to invest in real estate projects and turn them into affordable rental houses, CCB said Jason Xue and Brenda Goh, Reuters News
September 24, 2022
REAL ESTATECHINA (PRC)ASIAFINANCIAL SERVICES
SHANGHAI - China...
James Emejo in Abuja The National Pension Commission (PenCom) yesterday said it has approved the issuance and immediate implementation of the Guidelines on Accessing Retirement Savings Account (RSA) balance towards payment of equity contribution for residential mortgages by RSA holders. The...
Mark Chieshe An EDGE-certified green building As the world remodels towards a carbon-free economy, green buildings are fast gaining global acceptance and adoption as the future-proof standard for the construction industry.
This is because of their capacity to mitigate the negative impact...
The Nigeria Employers' Consultative Association (NECA), the umbrella body of employers in the Organized Private Sector, has re-stated its commitment to partnering with the Federal Mortgage Bank of Nigeria (FMBN) to ensure the delivery of decent, quality, and affordable...
Allied Market Research published an exclusive report, titled, “Mortgage Lending Market by Type of Mortgage Loan (Conventional Mortgage Loans, Jumbo Loans, Government-insured Mortgage Loans, Others), by Mortgage Loan Terms (30-year Mortgage, 20-year Mortgage, 15-year Mortgage, Others), by Interest Rate...
Abbey Mortgage Bank has said that its 30-year journey in the real estate space is on a transformative course towards repositioning the bank to meet the demands of contemporary times. For the first time in decades, Abbey closed the year...
Mortgage Bank to Provide Affordable Housing for NYSC Officials The National Youth Service Corps and Federal Housing Authority Mortgage Bank are set towards making affordable housing available to NYSC Officials. The NYSC Director General, Brigadier General Muhammad Kaku Fadah stated this...
Prof. Abdulqadir Abikan, the National President of Muslim Lawyers Association of Nigeria (MULAN), has commended the Federal Mortgage Bank of Nigeria (FMBN) for introducing ‘Non-Interest Rent to Own Housing Product’ to enable a broader spectrum of Nigerians own their...
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