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Primary Morgage Institutions

FMBN seals $4.2bn loan deal with HSBC

The Federal Mortgage Bank of Nigeria has signed a $4.2bn loan agreement with HSBC of London, United Kingdom.

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Microfinance banks to partner NUC on capacity building

The National Association of Microfinance Banks plans to partner with the National University Commission to facilitate the offering of courses in microfinance banking in universities.

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New-look FMBN takes off next week

The rebranded Federal Mortgage Bank of Nigeria(FMBN) will formally launch its new brand, designed to drive the bank as Africa’s number one mortgage banking institution.

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FG assures SMEs of more support

The Federal Government on Tuesday said it would give more support to small and medium scale enterprises in order to enable them play a pivotal role in the economy.

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FMBN increases NHF loan to N15m

The Federal Mortgage Bank of Nigeria, National Housing Fund contributors can now get up to N15m loan to build a house.


The Public Relations Manager, FMBN, Mr. Dauda Yusuf made this known on Monday in an interview with the News Agency of Nigeria in Lagos.


The bank’s spokesman said the board had increased the amount each contributor could get as loan from N5m to N15m with effect from January, 2010.

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