Mortgage Archives - The NewsZenith

NIDCOM, FMBN fine-tune partnership on diaspora mortgage

From Abdulfatah Babatunde The Nigerians in Diaspora Commission (NiDCOM) and the Federal Mortgage Bank of Nigeria (FMBN) have agreed to set the ball rolling for the diaspora mortgage scheme to begin operation within the next three months. Both government agencies reached this consensus when the Managing Director of the FMBN visited the NIDCOM office in […]

Economy Mortgage

Housing Fund: IPPIS holds workers’ N26.6bn in 2 years – FMBN

by Tunde
August 24, 2023
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The Federal Mortgage Bank of Nigeria (FMBN) says the Integrated Personal Payroll Information System (IPPIS) failed to remit N26.6 billion of workers’ contributory funds in two years. Managing Director of FMBN, Madu Hamman, announced this while appearing before the House of Representatives Ad hoc committee probing non-remittance to the National Housing Fund (NHF) and utilisation […]