The federal government has approved a review and increase in peculiar allowances for civil servants, as well as the payment of 100% DTA.
The Federal Mortgage Bank of Nigeria has announced a net operating surplus of ₦19.5 billion for the 2025 financial year, representing year-on-year growth of over 68.4 per cent.
Mr Osidi disclosed that, by the end of 2024, the task teams had recovered N10.9 billion, a figure that had grown to N18.9 billion at the end of June 2025.
The federal government had earlier announced the Renewed Hope State-by-State Homeownership and Housing Development Campaign.
Ms Onwe said that she retired four years ago and completed the filling and documentation as required, yet she had yet to receive the refund.
The bank also refunded the retirees under the scheme within the period under review.
“Technology and customer service are now key priorities for the executive management,” Mr Osidi stated.
Mr Dangiwa said this at the 2024 Property and Environment Writers Association (PEWAN) conference in Lagos.
Mr Osodi said that the bank initiated constructive engagement with the Federal Ministry of Finance.
Federal Mortgage Bank of Nigeria says 80 traders were winners in its housing estate raffle draw.
