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flag FMBN plans to recapitalize by N500 billion and automate to boost Nigeria's homeownership.

flag The Federal Mortgage Bank of Nigeria (FMBN) aims to recapitalize by N500 billion in 2025 and automate operations. flag In 2024, FMBN achieved a significant surplus of N11.58 billion and the highest National Housing Fund (NHF) collection of N103 billion, thanks to increased worker participation. flag FMBN plans to boost homeownership through new products and legal framework improvements.

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