FMBN takes mortgage to London, offers Nigerians abroad N100m loan at 9%

…Nigerians in diaspora can now buy homes in Nigeria
By John Alechenu
ABUJA — The Federal Mortgage Bank of Nigeria, FMBN, has launched a new mortgage scheme in London for Nigerians living abroad who want to own homes in Nigeria.
The product, known as the National Housing Fund, NHF, Diaspora Mortgage Loan, was unveiled at an event attended by Federal Government officials, mortgage bankers and members of the Nigerian community in the United Kingdom.
This was contained in a statement signed by the bank’s Head of Corporate Communications, Mr Joe Abuku, yesterday.
Minister of State for Housing and Urban Development, Hon. Yusuf Ata, who represented the Minister, Engr. Muttaqha Rabe Dar...