Home Africa Nigeria: Federal Mortgage Bank recovers N18.9bn bad loans in 2024 — Africa...

Nigeria: Federal Mortgage Bank recovers N18.9bn bad loans in 2024 — Africa Links 24

Nigeria: Federal Mortgage Bank recovers N18.9bn bad loans in 2024 — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2025-07-31 17:27:06

tiamin rice

Shehu Osidi, the Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria, FMBN, said the bank raked in N18.9 billion in 2024 from recovery of bad loans.

Mr Osidi made this known on FMBN Day at the ongoing Africa International Housing Show, AIHS, on Thursday in Abuja.

The News Agency of Nigeria reports that the theme for the Housing Show is, “Re-imagining Housing Finance: Opportunities and Lessons for FMBN”.

tiamin rice

Mr Osidi recalled that, at the same…

Read the Full article on DailyNigerian.com

Previous articleGambia: Only 36 of 131 Jammeh Properties Were Inspected, Ex-Registrar Tells MPs –
Next articleNamibia: Magic Marchand adds gold to world record as McIntosh wins again – Sport