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All posts tagged "federal mortgage"
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China finance house to invest $6billion in Nigeria’s housing sector
China Export and Credit Insurance Corporation,SINOSURE,and International Commercial Bank of China,ICBC, are set to invest about N948 billion (about $6 billion) in Nigeria’s Housing Sector. Managing Director of the Federal Mortgage Bank of Nigeria, Gimba Ya’u Kumo,...
- Posted May 27, 2013
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NDIC begins liquidation of failed mortgage institutions
The Nigeria Deposit Insurance Corporation (NDIC) said on Thursday it had liquidated the assets of seven Primary Mortgage Institutions (PMI) considered not viable. Its Managing Director, Umaru Ibrahim, announced this at a meeting with the board and...
- Posted March 29, 2013