LEADERSHIP Newspapers·3 min read·medium
FMBN Opens N100m Mortgage Window For Nigerians Abroad
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Bidon Mibzar
✦AI Summary
The Federal Mortgage Bank of Nigeria has launched a new mortgage window allowing Nigerians living abroad to access up to N100 million in home loans. The initiative aims to provide a secure, institutionalized channel for diaspora investment in the domestic housing sector.
The Federal Mortgage Bank of Nigeria (FMBN) has opened a new mortgage financing window that allows Nigerians living abroad to access up to N 100 million in home loans at nine per cent interest , in a major move to attract diaspora capital into Nigeria’s housing sector.
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