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Baker Industries Limited, a Nigerian real estate company has officially launched as a proptech company to drive integration of advanced technological innovations to proffer solutions to challenges in the real estate space. Folarin Bakare, the founder of Baker Industries Limited...
The Federal Mortgage Bank of Nigeria (FMBN) is set to boost financial inclusion with the introduction of a non-interest rent-to-own mortgage loan product. FMBN in a statement said the innovative housing product, recently approved by the Board of Directors, is...
Alliance Place office building in Lagos, Nigeria, has raised the bar in sustainable value delivery and enhanced workplace satisfaction for its broad range of environmentally conscious tenants.   Tenants at the eco-friendly office building in Ikoyi, including Mastercard and Selectium (Hewlett...
 The Federal Mortgage Bank of Nigeria (FMBN) has expressed its readiness to assist Nasarawa State University in providing decent and affordable accommodation for its staff.  The FMBN MD/CEO, Arc. Ahmed Musa Dangiwa, on behalf of the Management Team, stated this...

Housing Cable Roundup

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In case you missed out, here is a roundup of important housing news stories from last week. Nigeria The federal government commissioned eighty (80) housing units under the National Housing Programme (NHP) phase I in Sokoto. The housing units comprise four-units...
In case you missed out, here are the top housing news stories for last week. Abbey Mortgage Bank launched a mobile banking application to simplify the mortgage banking industry. The bank said the app would provide a more seamless and...
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...
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 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...
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