HomeBusinessFind out more as FG invites Nigerians to apply for N100m to...

Find out more as FG invites Nigerians to apply for N100m to buy a house

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The Federal Mortgage Bank of Nigeria launched its NHF Diaspora Mortgage Loan in London on August 7, 2026Eligible Nigerians in the diaspora can apply remotely, completing KYC and NHF contributions without travelling to NigeriaThe mortgage product carries a 9% annual interest rate with a maximum repayment period of 10 years

Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Federal Mortgage Bank of Nigeria (FMBN) has launched its National Housing Fund (NHF) Diaspora Mortgage Loan to provide Nigerians living abroad with access to formal mortgage financing for homeownership in Nigeria.

The new mortgage product was officially launched in London on Friday, August 7, 2026, as part of efforts to expand access to housing finance and encourage Nigerians abroad to invest in the country’s real estate sector.

FMBN launches N100m mortgage scheme for Nigerians living abroadNigerians abroad can now access FMBN’s N100m home loan Photo: Nurphoto
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