By Angela Atabo The Federal Mortgage Bank of Nigeria (FMBN) says it recorded a total of N13 billion in operational surplus in the first half of 2025. The Managing Director and Chief Executive of FMBN, Shehu Osidi, made this known on Wednesday, at the 2025 FMBN Management retreat alongContinue Reading
By Angela Atabo The Federal Mortgage Bank of Nigeria (FMBN) says it is rolling out a housing initiative with the delivery process to be exclusively undertaken by women. The Managing Director and Chief Executive Officer of FMBN, Mr Shehu Osidi, made this known on FMBN Day at the ongoingContinue Reading
By Angela Atabo Mr Shehu Osidi, the Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), said the bank raked in N18.9 billion in 2024 from recovery of bad loans. Osidi made this known on FMBN Day at the ongoing Africa International Housing ShowContinue Reading
By Angela Atabo The new Chairman of the Federal Mortgage Bank of Nigeria (FMBN),Board, Dr Nasir Gawuna, has promised to revitalise the bank and expand housing finance access for Nigerians. Assuming office on Monday in Abuja, Gawuna pledged to align his efforts with President Bola Tinubu’s Renewed Hope Agenda toContinue Reading
By Angela Atabo The Federal Mortgage Bank of Nigeria (FMBN), says the National Housing Fund (NHF) collection has increased to N103 billion in 2024. Shehu Osidi, the Managing Director and Chief Executive of the bank, stated this at a news conference on Wednesday in Abuja. He said the bank achievedContinue Reading
