Lands Of Nigeria

FMBN launched its Diaspora NHF Mortgage in London on August 7, 2026 — up to ₦50m at 9% over 15 years, 30% down. Here are the real terms and what to verify first.

The FG has ordered FMBN to lift annual mortgages from about 500 to 2,000 and channel 40% of NHF contributions into home loans. Good news — but 2,000 loans against a 22–28M home deficit is a drop in the ocean. Here's who actually qualifies and what to do instead.

FMBN launches a Diaspora NHF mortgage of up to ₦50m (~$34,000) on August 7, 2026. Here's who qualifies, how it works, and what Nigerians abroad should do now.