Federal housing scheme to deliver 1m affordable homes By Jeph Ajobaju, Chief Copy Editor Federal authorities have put N712 billion on the table as additional mortgage sums provided contributors to the National Housing Fund to help finance 100,000 housing units North...
Gift letters are something you should be aware of if you’re going to give or receive a significant financial gift since lenders will check your financial accounts when you apply for a loan as part of the underwriting process...
The amount required to fund the housing sector in Nigeria and bridge the estimated 28 million housing deficit across the country is N21tn, the Federal Government has stated through its Bank of Industry. In a new report on Nigeria’s housing...
The Federal Mortgage Bank of Nigeria says it is working in tandem with Nigerians in the diaspora commission through a recently unveiled housing initiative to assist Nigerians living abroad who want to buy or build houses back home. A statement...
By Terhemen Ikyaave The National Housing Fund Scheme presents a convenient and cost-effective opportunity for Nigerians, especially those within the low- and medium-income segment, to become homeowners. The scheme was set up by the federal government in 1992. All Nigerians above...
Real estate investment is the new deal with cool cash. Investing in landed properties and houses is the new trend in Nigeria presently. The best way to make wise choices with your money is to invest in real estate. Real estate...
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...
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