The International Monetary Fund (IMF) estimated the volume of capital that has left emerging markets, including Nigeria, following the ongoing interest rate cycle at $50 billion. It linked the flight, which it described as a slower version of the March...
The Federal Mortgage Bank of Nigeria (FMBN) has launched its new Corporate Statements in line with the new Board and Executive Management's efforts to reposition the Bank as an institution that is able and willing to live up to...
The federal government has said it was working to increase mortgages provided to contributors under the National Housing Fund (NHF) to the tune of N712 billion for the financing of about 100,000 housing units across the country. It disclosed this...
The Federal Government has put in place modalities for stress-free loans, for Nigerians to acquire affordable housing in the country. Minister of Works and Housing, Mr Babatunde Fashola stated this in Abuja, at the opening of the 2022 Board Retreat...
Minister of works and housing, Mr Babatunde Raji Fashola (SAN) , has said that the Federal Mortgage Bank of Nigeria (FMBN) under the administration of President Muhammadu Buhari has contributed positively to the development of the housing sector in...
The issues of accommodation deficit and challenges confronting the Nigeria’s housing sector were again brought to the fore during the annual African International Housing Show last weekend in Abuja, with all stakeholders suggesting new alternatives to providing more shelter...
The Federal Mortgage Bank of Nigeria (FMBN) has disclosed plans to increase the contribution to National Housing Fund to N285bn in 2024. The Chairman, Board of Directors, Ayodeji Ariyo Gbeleyi, who disclosed this during the management retreat yesterday in Abuja,...
The Minister of Works and Housing, Babatunde Fashola, says addressing access to mortgage financing is the panacea to housing delivery challenges in Nigeria. Mr Fashola said this at the opening of the board/management retreat of the Federal Mortgage Bank of...
A Real Estate professional, ESV Patrick Aminu, has urged Nigerians in the Diaspora who want to own properties in Nigeria not to be afraid to do so. According to him, contrary to what most people believe, getting a mortgage in...
Mr Babatunde Fashola, the Minister of Works and Housing has said that one of the major obstacles to housing delivery in Nigeria is access to mortgage finance. He said this on Monday in Abuja at the opening of the Board/Management...
- Advertisement -
