Affiliated Organizations

The Federal Mortgage Bank of Nigeria (FMBN), established in 1956, is Nigeria's premier mortgage institution. Its primary objectives include providing mortgage finance to Nigerian citizens, promoting homeownership and affordable housing, developing and managing housing estates, and supporting the growth of the mortgage industry. FMBN offers various services, including mortgage loans, housing development finance, estate development and management, mortgage refinancing, and housing microfinance. Key products include the National Housing Fund (NHF) loan, Home Renovation Loan, Mortgage Guarantee Scheme, and Rent-to-Own (RTO) scheme. Headquartered in Abuja, FMBN operates under the National Housing Fund (NHF) Scheme, Affordable Housing Programme, Mortgage Banking System, and Housing Microfinance Scheme, aiming to make homeownership accessible to all Nigerians.

The National Bureau of Statistics (NBS) is Nigeria's principal agency responsible for collecting, analyzing, and disseminating statistical data. Established to coordinate statistical activities, NBS collects and publishes socio-economic data, providing vital information for policy-making and national development. Its key functions include conducting censuses, surveys, compiling Gross Domestic Product (GDP), inflation rates, consumer price indices, and labor force statistics. NBS publishes various reports, including the Nigerian GDP Report, Consumer Price Index Report, Labour Force Survey Report, National Poverty Report, and Nigeria Demographic and Health Survey Report. Through its website and data dissemination platforms, NBS ensures accessibility to reliable and timely statistical information, supporting informed decision-making and evidence-based policy development in Nigeria.

The Mortgage Banking Association of Nigeria (MBAN) is the umbrella body for mortgage banks in Nigeria. Established in 1989, MBAN promotes the development of the mortgage banking industry, advocating for policies and regulations supporting affordable housing finance. With a membership of over 40 mortgage banks, MBAN facilitates collaboration, knowledge sharing, and capacity building among members. The association works closely with regulatory bodies, government agencies, and international organizations to enhance mortgage financing, housing development, and financial inclusion. MBAN also provides training, research, and advisory services to its members, ultimately contributing to Nigeria's economic growth and homeownership goal

ShelterAfrique is a pan-African housing finance institution established in 1989 to address housing shortages and affordability issues. Headquartered in Nairobi, Kenya, it provides financing, advisory, and capacity-building services to support affordable housing, real estate, and infrastructure projects. With 44 member countries, including Nigeria, ShelterAfrique works with governments, private sector players, and international partners to provide lines of credit, project finance, mortgage financing, and refinancing. It also enhances housing policy and regulatory frameworks, promoting innovative housing solutions to facilitate access to affordable housing, improve living conditions, and drive economic growth in Africa.

The Central Bank of Nigeria (CBN), established in 1958, is Nigeria's apex monetary authority. Its primary objectives include maintaining monetary stability, promoting financial stability and economic development, ensuring efficient payment systems, managing foreign exchange and international trade, and regulating financial institutions. To achieve these goals, the CBN implements monetary policies, sets interest rates, manages foreign reserves, and regulates commercial banks, microfinance banks, and other financial institutions. Headquartered in Abuja, Nigeria, the CBN plays a critical role in Nigeria's economic development, supporting initiatives such as financial inclusion, agriculture, and entrepreneurship through key departments like the Monetary Policy Committee, Financial Stability, Currency Operations, Trade and Exchange, and Consumer Protection.

The Infrastructure Bank (TIB), now known as the Nigeria Infrastructure Investment and Guarantee Agency (NSIA), is a specialized financial institution established in 2011 to address Nigeria's infrastructure deficit. TIB/NSIA provides financing, guarantees, and advisory services for infrastructure projects, focusing on energy, transportation, housing, water, and agriculture. With a mandate to attract private sector investment, TIB/NSIA operates as a Development Finance Institution (DFI), offering innovative financial solutions, risk management, and project development support. By bridging the infrastructure financing gap, TIB/NSIA aims to stimulate economic growth, improve living standards, and enhance Nigeria's competitiveness.

Family Homes Funds Limited (FHFL) is a Nigerian housing finance institution established in 2017 to provide affordable housing solutions. As a social housing intervention, FHFL aims to facilitate access to affordable housing for low-income earners, bridging the housing deficit in Nigeria. FHFL provides financing for housing development, mortgage financing, and rental housing, focusing on underserved populations. With an initial capitalization of N1 trillion, FHFL supports the Federal Government's affordable housing agenda, partnering with developers, mortgage banks, and other stakeholders to deliver homes priced below N5 million. By addressing housing affordability, FHFL seeks to improve living standards, stimulate economic growth, and enhance social stability.

The Nigeria Mortgage Refinance Company (NMRC) is a private sector-driven mortgage refinancing institution established in 2013 to promote affordable housing finance. NMRC provides long-term funding to mortgage lenders, enabling them to offer affordable housing loans to Nigerians. By refinancing mortgage loans, NMRC increases liquidity in the mortgage market, reduces mortgage interest rates, and stimulates housing development. NMRC's objectives include improving mortgage accessibility, reducing housing deficits, and deepening Nigeria's mortgage market. Key initiatives include mortgage refinancing, housing microfinance, and advocacy for policy reforms. With shareholders including the Federal Government, Central Bank of Nigeria, and private sector institutions, NMRC plays a critical role in Nigeria's housing finance ecosystem.

The Nigerian Building and Road Research Institute (NBRRI) is a research organization established in 1978 to promote Nigeria's infrastructure development. NBRRI conducts research and development in building and road construction, aiming to improve the quality, durability, and sustainability of Nigeria's infrastructure. The Institute focuses on materials science, structural engineering, transportation engineering, and environmental science. NBRRI develops and tests local building materials, provides technical assistance, and offers training programs for professionals. Its research informs policy decisions, enhances construction standards, and supports Nigeria's economic growth.

Hydraform Engineering Nigeria Limited is a leading manufacturer and supplier of interlocking brick-making machines and other construction equipment. Established in 1986, Hydraform Nigeria provides innovative solutions for affordable housing and infrastructure development. Their machines enable the production of interlocking blocks, paving stones, and other building materials using locally sourced soil and cement. Hydraform Nigeria's technology promotes sustainable construction practices, reduces building costs, and supports entrepreneurship in the construction sector. With a presence across West Africa, Hydraform Nigeria contributes to Nigeria's economic growth, job creation, and housing development.