A strategic meeting was held in Abuja in 1995, where the Federal Mortgage Bank of Nigeria provided housing finance for Nigerian workers.
1 report, 1 independent
Updated Jul 3
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What happened
A strategic meeting was held in Abuja in 1995, where the Federal Mortgage Bank of Nigeria provided housing finance for Nigerian workers.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Abuja
capital city of Nigeria
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Nigeria
sovereign state in West Africa
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Federal Mortgage Bank of Nigeria
Federal Mortgage Bank of Nigeria (FMBN) was established in 1956, known then as the Nigerian Building Society (NBS)
Related events
- The Nigerian government, through the Minister of Housing, has directed the apex mortgage institution (FMBN) to increase loan ceilings and allow RSA contributors to fund home ownership.
- The Federal Mortgage Bank of Nigeria expands access to long-term housing finance.
- A conference involving Wema Bank is underway in Abuja to discuss the future of the Nigerian banking sector.
- A housing project is underway in Abuja, funded by a Qatar charity, involving a $10 million investment.
- The Federal Mortgage Bank of Nigeria is used as a benchmark for housing ratios and contributes to the national housing finance structure.