Browsing Tag
FMBN
4 posts
Federal Mortgage Bank Introduces N100 Million Diaspora Loans to Encourage Home Ownership
The Federal Mortgage Bank of Nigeria has launched a loan program allowing Nigerians abroad to borrow up to N100 million at a 9% interest rate to buy homes back home.
Housing Minister Confirms No Data Loss Following FMBN Headquarters Blaze
Housing Minister Muttaqa Rabe Darma has confirmed that all customer data and records at the FMBN headquarters remain intact after a fire incident, thanks to effective digital backup systems.
Government Increases Mortgage Loan Cap to ₦85 Million to Boost Homeownership
Dr. Muttaqha Rabe Darma announced that the government has raised the mortgage loan ceiling to ₦85 million and is introducing new regulatory policies to protect homebuyers and improve the housing sector.
ICPC Transfers Forfeited Abuja Estate Land to Federal Mortgage Bank
The ICPC has transferred seized land in Abuja's Kaba District to the FMBN to revive an abandoned housing project after a court ordered final forfeiture.