Home ›
Corporate ›
FG raises mortgage ceiling to N85m, targets 2,000 loans ann…
CORPORATE● Neutral
1 sources confirmed
FG raises mortgage ceiling to N85m, targets 2,000 loans annually
According to Darma, the new ceiling is expected to enable the Federal Mortgage Bank of Nigeria, FMBN, to approve at least 2,000 mortgages annually. It will also allow contributors to the National Housing Fund, NHF, to access up to 25 percent of their retirement savings accounts a...
BF
The Briefing Africa
July 26, 2026 · 15:59 · 5 min read
Share:
AI Summary
According to Darma, the new ceiling is expected to enable the Federal Mortgage Bank of Nigeria, FMBN, to approve at least 2,000 mortgages annually. It will also allow contributors to the National Housing Fund, NHF, to access up to 25 percent of their retirement savings accounts a...
AI-generated summary ·
Highlight any paragraph below to share it as a branded quote card
Full analysis is being generated — check back shortly.