General News
How to apply for FG loan to build, buy a house through National Housing Fund

By Our Reporter
The Federal Mortgage Bank of Nigeria offers mortgage financing to eligible Nigerians through the National Housing Fund, providing a route to buy, build, improve or renovate a home.
The NHF Mortgage Loan is currently available to contributors at an interest rate of 6 per cent per annum, with repayment of up to 30 years.
According to FMBN on its website, the current information shows that eligible contributors can access up to ₦50 million, subject to affordability and the value of the property.
Here are the key things applicants should know about the scheme and how to apply.
What is the FMBN mortgage loan?
The NHF Mortgage Loan is a housing finance facility administered by FMBN through accredited and licensed Primary Mortgage Banks (PMBs).
The facility can be used to buy, build, improve or renovate an owner-occupied home. The property being financed serves as security for the loan.
Unlike a conventional commercial mortgage, the NHF facility is designed to provide contributors with longer repayment periods and a concessionary interest rate.
Who is eligible?
Applicants generally have to meet the following conditions:
- Be a Nigerian citizen aged 18 or above.
- Be a contributor to the National Housing Fund.
- Have made continuous NHF contributions for at least six months.
- Have a stable source of income or, for self-employed applicants, provide evidence of regular income.
- Apply through an FMBN-accredited and licensed mortgage loan originator/Primary Mortgage Bank.
- Have a property that meets the relevant legal and planning requirements.
FMBN also states that loan repayment affordability is assessed using a maximum of one-third of the applicant’s income.
How much can you borrow?
FMBN’s current NHF Mortgage Loan page says a contributor can access up to ₦50 million, subject to affordability and other lending conditions.
The property also matters. FMBN’s published conditions state that an individual should not receive more than 90 per cent of the cost or value of the property being mortgaged.
The older ₦15 million figure still appears in some FMBN documents and online guides, but FMBN’s current product page now states ₦50 million. Applicants should therefore rely on the latest terms provided by FMBN and their accredited mortgage institution.
What is the interest rate?
The interest rate for NHF contributors is not more than 6 per cent per annum. FMBN currently describes the facility as being provided to accredited PMBs at 4 per cent for onward lending to NHF contributors at 6 per cent.
How long do you have to repay?
The maximum repayment period is 30 years, subject to factors including the applicant’s age, income and years in service.
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Repayments are made through the mortgage loan originator through which the applicant obtained the loan.
How to apply
Confirm your NHF contribution
You must first be registered as an NHF contributor and have made the required continuous contributions.
FMBN now provides an online personal/individual NHF registration portal for new contributors.
Choose an accredited mortgage institution
Applicants do not simply walk into FMBN and collect the mortgage loan directly. The application is made through a licensed and FMBN-accredited Primary Mortgage Bank/mortgage loan originator, which processes the application and submits it to FMBN.
Obtain the mortgage application form
The mortgage institution will provide the relevant application form and guide you on the documentation required for your particular application.
Prepare your documents
Depending on the nature of the application, applicants may be required to provide documents such as:
- Completed mortgage loan application form;
- Evidence of NHF contribution;
- Proof of income;
- Recent payslips or other income evidence;
- Property title documents;
- Valuation report for the property;
- Bill of quantities where the loan is for construction;
- Relevant tax and employment documents; and
- Other legal documents required by the mortgage institution.
The exact documentation can vary depending on whether the applicant is buying, building or renovating a property.
Submit the application
The application and supporting documents are submitted to the accredited mortgage institution.
The institution assesses the applicant’s income, repayment capacity, property and documentation before forwarding the application to FMBN where applicable.
Property and legal checks
The property is subjected to valuation and legal checks. FMBN’s conditions require the mortgaged property to provide adequate security and comply with relevant planning and legal requirements.
Approval and disbursement
Once the relevant conditions are satisfied and the loan is approved, the funds are disbursed through the mortgage loan originator for the approved housing purpose.
What can the loan be used for?
The NHF Mortgage Loan can be used to:
- Buy a residential property;
- Build a home;
- Improve an existing home; or
- Renovate an existing home.
FMBN specifically describes its NHF facility as covering these housing purposes.
How can Nigerians check their NHF contributions?
FMBN provides digital channels through which contributors can access information about their NHF accounts. The Bank’s website also provides online registration and account services for contributors.
Important warning for applicants
Applicants should be careful of individuals who claim they can “secure” an FMBN loan in exchange for money.
FMBN’s official website carries warnings about fraudsters posing as NHF facilitation officers. Applicants should deal only with FMBN and its accredited mortgage institutions and verify any request for payment before proceeding.
FMBN’s official website provides information on its mortgage products, NHF services and application channels.
Apply Here: https://fmbn.gov.ng/products/nhf_mortgage_loan
Crime
Insecurity: Military places N30m bounty on ‘Gentle The Yahoo’

By Our Reporter
The Joint Task Force South-East, Operation Udoka, has declared Ifeanyi Eze Okorienta, popularly known as “Gentle The Yahoo,” wanted over alleged threats to peace and security in the South-East.
The task force announced a N30 million reward for credible information that could lead to Okorienta’s arrest.
In a wanted notice issued by the military formation, Okorienta was identified as a person considered a threat to peace in the region, while residents were urged to assist security agencies with information on his whereabouts.
According to the notice, a “reward of N30,000,000” awaits anyone whose credible information leads to his capture.
The military also appealed to residents to support ongoing efforts to tackle violence and criminality across the South-East, with the message: “Give Peace a Chance.”
Members of the public who have useful information about the wanted individual were advised to contact security authorities through 193 or 0806 795 9570. The task force assured informants that they could provide information anonymously.
A photograph of Okorienta was included in the wanted notice alongside the inscription: “No Violence, No Criminality in the South East.”
The development comes against the backdrop of intensified military and security operations across the South-East aimed at tracking individuals suspected of involvement in violent and other criminal activities.
The task force further cautioned members of the public against attempting to apprehend Okorienta themselves if they encounter him.
Instead, residents were urged to promptly alert the security authorities through the designated telephone lines to enable security personnel to take appropriate action.
General News
Copyright commission seizes pirated books worth N7 million at Garki market
The Nigerian Copyright Commission (NCC) has confiscated several cartons of pirated literary works with street value worth N7 million at the popular Garki market in the Federal Capital Territory(FCT).
Mrs Ijeoma Egbunike, the commission’s Director of Public Affairs, disclosed this in a statement on Sunday in Abuja.
According to the statement, Mr Femi Ajala, Director of Operation of NCC, who led the enforcement team, said the raid is part of the commission’s renewed campaign against piracy.
He said the team was able to achieve its goal with the support of armed police personnel from the FCT Command.
“Acting on credible intelligence, regarding the suspected storage and distribution of pirated books, we were able to move into the location.
“We discovered a substantial quantity of books suspected to have been reproduced and distributed without the authorisation of the respective copyright owners.
“We gained access to the store, seized and evacuated several cartons and bags of suspected infringing publications and subsequently sealed the premises,” he said.
Ajala added that the successful raid was part of NCC’s intelligence-driven approach to disrupting copyright piracy and protecting the legitimate interests of authors, publishers and other right owners.
While reiterating the commission’s zero-tolerance stance against piracy, the director of operation stressed that it remained a serious threat to Nigeria’s creative and publishing industries.
According to him, the illicit business deprives legitimate right owners of income from their works, and undermine continued investment in creativity and publishing.
“The operation was intelligence-driven. We received information about the location and acted on that intelligence.
“The volume of books recovered which worth N7 million shows the seriousness of the situation and the need for sustained enforcement,” he added.
He further explained that the commission would not relent in tracking down those involved in illegal reproduction, distribution and commercial exploitation of copyrighted works.
“The Commission will continue to disrupt piracy activities and investigate all those involved,” he said.
Ajala assured that further investigation would commence immediately to establish the ownership, source, distribution network and other circumstances surrounding the seized publications.
According to him, the investigation will be carried out with a view to identifying those responsible and ensuring that they face the full weight of the law.
He further warned pirates and other persons engaged in the commercial exploitation of copyrighted works without the requisite authorisation, that the commission would continue to deploy its enforcement operations to disrupt their activities.
He emphasised that the fight against book piracy was not merely an enforcement issue, but a critical intervention to protect Nigeria’s authors, publishers, researchers, educators and the wider creative economy.
He, therefore, urged members of the public, right owners, publishers and other stakeholders to always provide relevant information that could assist the commission in identifying and disrupting piracy networks.
According to the commission, some of the books titles seized during the raid include; ‘Purple Hibiscus’, ‘The Magic of Thinking Big’, ‘ ‘New General Mathematics for Senior and Junior Secondary Schools 1,2 and 3’, ‘Stan Basic Science and Technology for Primary School’, ‘Work Book 3’, ‘Lantern , Steps to Quantitative and Verbal Reasoning 3’.
Others included ‘Classic Basic Technology for Junior Secondary Schools 3’, ‘ Active Basic Science and Technology for Junior Secondary Schools and Work Book 2’, ‘Queen Primer’, ‘Royal School Series Part 1’, ‘WABP Physical and Health Education for Primary Schools 1 and 4’.
Other seized titles inluded ‘Learn Mathematics 5’; ‘New School Physics for Senior Secondary Schools’, ‘MacMillan Champion Primary Mathematics 3 and 4’, ‘Tonad’, ‘Essential Commerce for Senior Secondary Schools’, among others.(NAN).
General News
Troops foil terrorists’ attack, recover arms in Sokoto
The troops of COAS Special Intervention Battalion 7 of Sector 2, Operation FANSAN YAMMA have foiled terrorists attack and recovered high-calibre guns and motorcycles in Tangaza Local Government Area (LGA) of Sokoto State.
Lt.-Col. Olaniyi Osoba, Acting Deputy Director, Army Public Relations, 8 Division, Nigerian Army, disclosed this in a statement on Sunday in Sokoto.
Osoba said during the operation which occurred on Saturday, troops advanced through identified terrorist threat enclaves, including Manu, Alkasim and Kandam villages, as well as the Magarya Forest axis.
“Upon making contact with the terrorists within the Magarya forest enclave, troops engaged the terrorist elements with superior firepower, forcing them to abandon their positions and flee into the deep forest,” he said.
Osoba further said that troops’ follow-up operations and a thorough search of the general area led to the recovery of significant arms, ammunition and mobility assets.
“The recovered items include one PKT Machine Gun, AK-47 Rifles, large quantity of 7.62 x 54mm belted ammunition, motorcycles and assorted logistical and miscellaneous items.”
According to Osoba, troops maintain a strong operational posture and continue to dominate the general area to ensure the total security of surrounding communities.(NAN).
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