Nigeria's FMBN launched a diaspora mortgage loan in London on 7 August 2026, offering up to ₦100 million at 9 percent interest over a 10-year term.
Nigeria · FINANCE
Key Facts
—Launch details: The Federal Mortgage Bank of Nigeria launched the diaspora mortgage loan in London on 7 August 2026.
—Loan ceiling: Borrowers can access up to ₦100 million under the 2026 product terms.
—Interest rate: The loan carries a 9 percent annual interest rate with a maximum repayment tenor of 10 years.
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