Federal Mortgage Bank of Nigeria

Nigerian mortgage institution and regulator

The Federal Mortgage Bank of Nigeria was founded by the Federal Government of Nigeria in 1973. It replaced the Nigerian Building Society which was founded in 1956. The main purpose of this bank is to build houses. According to the constitution of Nigeria, the Federal Mortgage Bank was established to meet the housing needs of all citizens of the country.[1][2][3]

References

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  1. "Federal Mortgage Bank of Nigeria Archives". m.guardian.ng. Retrieved 2021-04-27.
  2. "Insights Into The Nigerian National Housing Fund. How Do I Utilize My Contributions? - Finance and Banking - Nigeria". www.mondaq.com. Retrieved 2021-04-27.
  3. "Federal Mortgage Bank of Nigeria - Company Profile and News". Bloomberg.com. Retrieved 2021-04-27.