FMBN Archives

FMBN posts ₦19.5bn 2025 surplus, eyes ₦750bn recapitalisation drive

The Federal Mortgage Bank of Nigeria has announced a net operating surplus of ₦19.5 billion for the 2025 financial year. This figure represents a year-on-year growth of over 68.4 per cent. The announcement was made on Wednesday in Abuja by FMBN’s chief executive, Shehu Osidi. He described the turnaround as a reflection of deliberate reforms. […]

aadelekepdnlimited-com
19th February 2026
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Naira devaluation worsens Nigeria's debt woes

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FG to revitalize 46 abandoned housing projects nationwide

Federal Mortgage Bank of Nigeria has initiated the rehabilitation process in an effort to turn around approximately 46 abandoned housing estates throughout the nation. According to The PUNCH, the bank stated that this will be accomplished by collaboration with Shelter Afrique Development Bank, a pan-African financial organization that solely assists in the advancement of the […]

bfatoyepdnlimited-com
26th February 2024
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Why affordable housing can't be realistic in Nigeria - Developers

Real Estate

FMG boosts efforts to fulfil housing demands

In order to satisfy Nigerians’ need for housing, the Federal Mortgage Bank of Nigeria has stated that it is prepared to restructure and reorganize its operational activities. According to The Punch, a promise was made by the bank’s managing director, Madu Hamman, during its 2024 Management Retreat, which took place on Friday in Niger State.”Transformational Innovation […]

bfatoyepdnlimited-com
12th February 2024
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185 Views

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FMBN accuses IPPIS of failing to remit workers’ N26bn contributions

The Integrated Personal Payroll Information System allegedly failed to transfer N26.6 billion in employee contributions during a two-year period, according to the Federal Mortgage Bank of Nigeria. This was stated on Thursday in Abuja by FMBN’s managing director, Mr. Madu Hamman, who was testifying before a House of Representatives Ad hoc committee looking into non-payment […]

bfatoyepdnlimited-com
25th August 2023
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170 Views

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Tag: FMBN

FMBN posts ₦19.5bn 2025 surplus, eyes ₦750bn recapitalisation drive

FG to revitalize 46 abandoned housing projects nationwide

FMG boosts efforts to fulfil housing demands

FMBN accuses IPPIS of failing to remit workers’ N26bn contributions

Tinubu appoints Lamido Yuguda CBN deputy governor

Google completes $32bn acquisition of Israeli cyber-security firm.

Microsoft to share 2027 Xbox prototypes with game.

Oracle discloses $2.2bn stake in TikTok US operations

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