9 results
- 16 Feb 2024
FMBN Extends Loans to NHF Contributors
The Federal Government has assured the Federal Mortgage Bank of Nigeria (FMBN) of legislative amendments of relevant housing industry laws that will pave the way for its recapitalisation to N500…
- 14 Nov 2025
SEC Partners FMBN Partner on Non-Interest Mortgage Framework
Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) have announced a strategic collaboration to develop a robust Non-Interest Mortgage (NIM) ecosystem. This…
- 23 Nov 2009
FMBN Plans to Grow Investment to N1.1 trillion
The Federal Mortgage Bank of Nigeria (FMBN) is planning to grow its investment volume to about N1.1 trillion, making it one of the biggest banks in the country. Abdulsalam Ahmed, managing…
- 5 Feb 2015
FMBN Seeks N250Bn Recapitalization for Effective Service Delivery
Mr. Gimba Ya’u Kumo, managing director of the Federal Mortgage Bank of Nigeria (FMBN), has requested for recapitalization of the bank to the tune of N250 billion to enable it deliver…
- 3 May 2022
FMBN Management Pledges to Prioritize Completion of ICT Project
The newly inaugurated management team of the Federal Mortgage Bank of Nigeria (FMBN) has listed the completion of the bank’s Information Technology project and its recapitalisation drive as…
- 5 Sept 2016
CPC Probes Resort Savings & Loans over Alleged Diversion of Deposits
Consumer Protection Council (CPC) has began probe operations of Resort Savings and Loans Limited (RSL) over allegations of diversion of depositors’ monies and mortgage loans, following inundated…
- 29 Aug 2021
ICPC Recovers FMBN’s N53bn from Estate Developer
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Sunday said it has recovered N53 billion from a real estate developer for the Federal Mortgage Bank of Nigeria. The…
- 8 Feb 2013
Reps Accuse NNPC, NCC, Others of Diverting N9 Trillion
A House of Representatives’ report has revealed that some revenue generating agencies have short-changed the Federal Government N8.8 trillion and the report listed the agencies to include; Nigerian…
- 14 Feb 2014
FG Unveils e-Card for NHF
President GoodLuck Jonathan has unveiled National Housing Fund e-Card, saying that Card would eliminate fraud and promote accountability and transparency in the sector. He said that the e-Card was…