By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Guaranty Trust Bank Plc (GTBank) has emerged winner of the most innovative bank in Africa Innovation in (Banking); while its CEO, Segiun Agbaje was named as the “Banker of the Year”. Agbaje was recognised as Africa’s Banker of the Year alongside other winners […]
Mortgages
Only 1.5% NHF contributors get mortgage loans —FMBN
Out of the four million registered contributors to the National Housing Fund, only 60,000 or 1.5 per cent of the total have been able to access mortgage loans, the Federal Mortgage Bank of Nigeria has said. According to the bank, although the dismal number is due to many constraints to […]
United Mortgage Bank, Spring Mortgage plan merger
United Mortgage Bank Limited says its plan to merge with Spring Mortgage Plc is already at an advanced stage and may be completed any time soon. The Managing Director and Chief Executive Officer, UMBL, Mr. Walter Akpani, stated this at a ‘court-ordered meeting’ with shareholders in Lagos on Tuesday. As […]
