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Federal Mortgage Bank of Nigeria

Real estate database to guide govts, developers in siting, pricing houses—Chime

Chief executive of COPEN Group of Companies and current National President, Real Estate Developers Association of Nigeria (REDAN), Mr Ugochukwu Chime has given insights on reasons behind the planned generation of national real estate database. In an interview, he said…

Joint venture of FMBN, REDAN, Shelter Afrique targets supply of 10,000 houses yearly

The Federal Mortgage bank of Nigeria (FMBN) has sealed a deal with the Real Estate Developers Association of Nigeria (REDAN) and pan-African finance institution Shelter Afrique to establish a $2bn affordable housing facility. The fund which will come in tranches…

Why FG plans to reposition, FMBN by re-capitalisation—Minister

As the federal government continues to search for the puzzle hobbling housing delivery, one of its latest answer is now to re-capitalise and re-position the Federal Mortgage Bank of Nigeria (FMBN) to enable it meet the housing needs of Nigerian…