Federal Mortgage Bank of Nigeria

FG, states to enact law on monthly rent payments

Nigerians may start paying property rent on a monthly basis going by the latest resolution between the federal and state governments on the matter, Punch reports. This resolution came at the sixth meeting of the National Council on Lands, Housing and Urban Development (NCLHUD) – the highest gathering of senior officials from the federal and... Read More

The News Blog

Federal Ministry of Power, Federal Mortgage Bank of Nigeria, FMBN, Housing and Urban Development, National Council on Lands, NCLHUD, Works and Housing

November 1, 2016

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Buhari’s new son-in-law under probe over alleged N3bn fraud

The Economic and Financial Crimes Commission has intensified investigations into N3bn fraud allegedly committed by Malam Gimba Ya’u Kumo, who recently got married to the second daughter of President Muhammadu Buhari, SaharaReporters reports. According to the news platfrom, Malam Kumo allegedly committed the crime while he was Managing Director and Chief Executive Officer of the Federal Mortgage... Read More

The News Blog

Buhari's son-in-law, EFCC, Federal Mortgage Bank of Nigeria, Malam Gimba Yau Kumo, N3bn fraud