Tag: Federal Mortgage Bank of Nigeria

President Jonathan to formally launch the Nigerian Mortgage Refinance Corporation Today

The Nigeria Mortgage Refinance Company Plc (NMRC) will be officially launched tomorrow (Thursday 16th January 2014)  at the Banquet Hall, State House Abuja by His Excellency Dr. Goodluck Ebele Jonathan (GCFR) Commander-in-Chief of the Armed Forces Federal Republic of Nigeria.  This company is designed to help home/property owners to refinance their mortgage […]

FMBN begins loan recovery from PMIs

The Federal Mortgage Bank of Nigeria is set to recover loans from its clients including Primary Mortgage Institutions in order to meet its obligations to its shareholders, the Chairman of the bank’s Board of Directors, Chief Bisi Ogunjobi, has said. Ogunjobi, who addressed journalists in Abuja on Friday shortly after […]

FMBN: NHF Contributions Hit N22 Billion

The Chairman, Board of Directors of the Federal Mortgage Bank of Nigeria (FMBN), Chief Bisi Ogunjobi, has revealed that the National Housing Fund (NHF) had raked in about N22 billion from contributions by Nigerians hoping to own houses through mortgage. Of the amount, N5 billion or 40 per cent of […]