Mortgage

The Pension Fund Operators Association of Nigeria (PenoP) says the policy by the National Pension Commission which allows owners of Retirement Savings Accounts to use 25 percent of their account balance for mortgage will reduce the huge…

The National Pension Commission has listed 26 commercial banks in Nigeria as its approved mortgage lenders, and three non-interest banks to provide residential and commercial mortgage to workers under the Contributory Pension Scheme to…

The Federal Mortgage Bank of Nigeria has reiterated its commitment to addressing challenges facing the mortgage industry in the country, especially cost of borrowing within the mortgage sector. The FMBN Managing Director, Madu Hamman, made…

Stakeholders in the housing sector say increased access to affordable funding is critical to Nigeria’s economic development and bridging the housing gap in the country. The Federal Government of Nigeria puts the country’s housing deficit…

The National Pension Commission (PenCom) has approved the issuance and immediate implementation of the Guidelines on Accessing RSA Balance towards Payment of Equity Contribution for Residential Mortgage by RSA Holders. The Commission…