Safetrust Managing Director, Akintayo Oloko Safetrust Mortgage Bank Limited posted over N2 billion in gross earnings for the Year 2017, representing 35 per cent growth for the same period in 2016. According to results recently published in the Bank’s Annual Report and Financial Statements, the profit after tax was ...
National Housing / Mortgage Finance Specialist, CBN , Adenike Fasanya – Osilaja, Head, Project Administration Team, Nigerian Housing Finance Program, CBN, Adedeji Adesemoye, Executive Director, Special Insured Institution, Nigeria Deposit Insurance Corporation, Joshua Etopidiok , Executive Director, Business Development and Porfolio Management, Federal Mortgage Bank of Nigeria, Umar Dankane ...
Members of the Mortgage Bankers Association of Nigeria (MBAN) recently visited the Vice President, Prof. Yemi Osibanjo
In a determined effort to reposition Resort Savings & Loans Plc, the Board of Directors of the Bank has appointed Barrister J. O. J. Chukwuocha as its new Chairman, following the resignation of the former Chairman, Chief Babatunde Adefarati from the Board. Rising from its 90th board meeting ...
Depositors of 15 out of the 42 Primary Mortgage Banks (PMBs), risk their deposits as their mortgage institutions are yet to meet their premium obligations, the Nigeria Deposit Insurance Corporation has said. The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Umar Ibrahim, made the disclosure at the second ...
Amid the economic recession in the Nigerian mortgage sector, the operatives have called on the federal authorities to further create an enabling environment for mortgage banking through the provision of an intervention fund. The Mortgage Banking Association of Nigeria (MBAN) is also seeking the review of the stringent regulatory condition, ...
Senior Housing Finance Regional Lead, International Finance Corporation (IFC), Mr. Thierno Habib Hann (left); The Managing Director, Nigerian Mortgage Refinance Company (NMRC); AUHF Chairman, Oscar Mgaya; Representative of the Minister of Power, Works and Housing, Mrs Eucharia Alozie; Central Bank’s Director of Other Financial Institutions, Dr. Ahmed Abdulahi during ...
MD/CEO Resort Savings and Loans Plc, Abimbola Olayinka The management of Resort Savings and Loans Plc, has denied allegations by the Consumer Protection Council (CPC) that it deliberately holds the funds of some of its customers and diverting such funds to other purpose. CPC had also alleged that ...
One of the nation’s mortgage institutions, Safetrust Mortgage Bank Limited has declared N150.6 million profit before tax (PBT) for the financial year ended 2015, representing an increase of 41.8 per cent on the figure achieved in the previous financial year. The declaration was made by the Chairman of the ...
WITH the unexpected downturn in the financial market creating vast scale of funding gap in housing market, mortgage operatives have secured the approval of the apex mortgage institution to deepen the National Housing Fund (NHF) scheme and ensure it fulfills the needs of prospective homeowners. The Federal Mortgage ...