The Managing Director of Abbey Mortgage Bank Plc, Mr. Madu Hamman, speaks on the bank’s journey in the past 30 years and the challenges confronting the mortgage and real estate sectors in Nigeria. Mortgage banking appears not to be gaining...
Infinity Trust Mortgage Bank Plc on Thursday published its third quarter report for the period ended 30 September 2022. The Financial Institution reported a turnover of N1.46 billion for the 9 months period, up by 18.05% from N1.24 billion reported...
Companies listed on NGX are required to maintain a minimum free float for the set standards under which they are listed in order to ensure that there is an orderly and liquid market for their securities. There are currently nineteen...
Primary mortgage rates dropped for the first time in two months but with rates still around their highest in 20 years, weekly applications for home loans extended declines, according to a report Wednesday from the Mortgage Bankers Association. -Mortgage rates...
Abbey Mortgage Bank Plc is one of the largest and most profitable Primary Mortgage Banks in Nigeria, focused on providing well-structured mortgage options as well as other financial and advisory services. In this interview with Nairametrics, Mobolaji Adewumi, Managing Director,...
The Federal Mortgage Bank of Nigeria (FMBN), has said that it cannot be funding houses that Nigerians cannot afford and developers should come up with a system of building cheaper houses for low income earners. Group head, Cooperate Communications, FMBN,...
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...
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