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“We’re Building a Future of Home Ownership”— Mortgage Institute Inducts New Members, Strengthens Collaboration with Government and Stakeholders

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Institute of Mortgage

The Institute of Mortgage Brokers and Lenders of Nigeria (Chartered) — IMBLN — in partnership with Oakland Business School, Jos, has inducted a new set of members into the professional body, reaffirming its commitment to deepening professionalism and expanding access to housing across the country.

The induction ceremony, held on Sunday at Plateau Club 1921 Main Hall in Jos, brought together key players in the mortgage and real estate sectors, alongside representatives of federal and state government agencies, to explore ways of strengthening partnerships for sustainable housing development.

Representing the Hon. Minister for Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, Hon. Santi Inuwa said the Ministry is fully aligned with the vision of the Institute, noting that access to decent housing plays a critical role in lifting citizens out of poverty.

“The Minister believes deeply in the work of this Institute,” Inuwa said. “He assures you of his continued support to ensure your initiatives receive the collaboration they deserve from the federal government. The partnership between the Ministry and the Institute will help create structured mortgage opportunities that uplift Nigerians.”

Speaking on behalf of the Registrar-General of IMBLN, Dr. Jasper Adeleye, the Executive Chairman/CEO of Oakland Business School, Mr. Godwin E. Urhie, said the Institute was established by law to professionalize and regulate the mortgage and real estate sector in Nigeria.

He emphasized that IMBLN seeks to restore integrity and trust to the sector by ensuring that only qualified, ethical practitioners are certified to operate.
“The real estate industry is one of the most significant globally,” he said. “In Nigeria, we are committed to ensuring that mortgage and real estate businesses are handled by professionals with competence and character. Our certification prepares members to operate both locally and internationally.”

Representing the Federal Mortgage Bank of Nigeria (FMBN), Bojough Ronald Terpase, Head of Admin and Operations at the Jos Zonal Office, congratulated the new inductees and expressed the Bank’s readiness to deepen collaboration with IMBLN in promoting home ownership and reforming the mortgage system.

“Our mission and that of the Institute align,” Terpase noted. “We are both committed to making housing accessible. Through initiatives such as Rent-to-Own, Construction Loans, and Home Renovation Loans, we are simplifying access to affordable housing for more Nigerians.”

Also speaking at the event, Mr. Wuyep Vondul Ayuba, who represented the Plateau State Commissioner for Education, Hon. Kachollom Gang, described the induction as a “value addition” to Nigeria’s real estate and mortgage ecosystem.

He commended the collaboration between the Institute, Oakland Business School, and the Federal Mortgage Bank, calling on stakeholders to “think outside the box” in developing creative solutions to Nigeria’s housing deficit.

“There is a huge demand for affordable housing,” Ayuba said. “The Federal Mortgage Bank and the Chartered Institute must continue to innovate and collaborate to make home ownership a reality for ordinary Nigerians. The Plateau State Government remains open to partnership in this effort.”

The ceremony marked another milestone in IMBLN’s mission to strengthen professionalism and expand its network of certified experts, as the Institute continues to push for a more structured and transparent mortgage industry in Nigeria.

 

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NIGERIA HAS LOST ITS WOMEN’S FOOTBALL ADVANTAGE — AND AFRICA IS CATCHING UP FAST

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For more than three decades, Nigeria’s Super Falcons were the standard of African women’s football.

Ten Women’s Africa Cup of Nations titles. Every FIFA Women’s World Cup from the beginning of the competition. Generations of players who dominated the continent.

Read Also: 14th Women AFCON: Swart’s heroics foil Super Falcons’ search for World Cup ticket

But that era has now reached a disturbing turning point.

For the first time in the history of the FIFA Women’s World Cup, Nigeria will not be at the tournament.

South Africa’s 2–1 victory over the Super Falcons in Casablanca on Thursday ended Nigeria’s final route to the 2027 World Cup.

But perhaps this should not be viewed simply as a failure of the Super Falcons.

Perhaps it is the clearest evidence yet that the rest of Africa has finally caught up.

Look at Malawi.

The Scorchers were appearing at the WAFCON for the first time in 2026. They did not come merely to make up the numbers. They reached the semi-finals and secured Malawi’s historic first-ever Women’s World Cup qualification.

Look at Morocco.

The country has invested heavily in women’s football, and AS FAR has become a continental force, winning the CAF Women’s Champions League in 2025 and earning the right to represent Africa at FIFA’s inaugural Women’s Champions Cup.

Look at South Africa.

Banyana Banyana have transformed themselves from challengers into African champions and have now defeated Nigeria when a World Cup place was on the line.

And across the continent, CAF says women’s football is being strengthened through coaching education, better administration, grassroots development, refereeing and more structured domestic leagues.

This is the part Nigerians must understand.

Africa did not wait for Nigeria to remain dominant.

Other countries started building.

For years, Nigeria had an enormous advantage because many of our best players grew up playing together for long periods, particularly through the domestic system and national-team pathways.

The Super Falcons of previous generations were not simply eleven talented Nigerians assembled for a tournament.

They were products of a football culture that continuously produced players.

Today, that advantage is much smaller.

And there is another uncomfortable reality: Nigerian players are increasingly finding opportunities in women’s leagues outside Nigeria, while African leagues are becoming more organised and competitive.

CAF’s Women’s Champions League has also created a continental platform with meaningful financial rewards; participating clubs received at least $150,000 in the 2024 edition, while the winners received $600,000.

So perhaps the question is no longer:

“Why did the Super Falcons fail?”

The bigger question is:

“Why did Nigeria stop developing faster than the countries chasing us?”

We should support the Falcons.

We should respect the players.

We should recognise their achievements.

But we must also recognise what this moment represents.

Nigeria has won ten WAFCON titles. That history is extraordinary.

But history cannot qualify a team for the next World Cup.

Systems do.

Leagues do.

Academies do.

Coaching structures do.

Investment does.

Player development does.

And if Nigeria does not rebuild those foundations, the Super Falcons’ absence from Brazil may not remain a once-in-history event.

THE SUPER FALCONS HAVE NOT SUDDENLY BECOME A BAD TEAM. AFRICA HAS SIMPLY STOPPED WAITING FOR NIGERIA.

The real alarm is not that Nigeria lost to South Africa.

The real alarm is that the countries Nigeria used to look down on are now building football systems capable of defeating Nigeria when it matters most.

This should not be a blame game.

It should be a wake-up call.

NIGERIA DID NOT LOSE WOMEN’S FOOTBALL IN ONE MATCH. WE MAY HAVE BEEN LOSING THE ADVANTAGE FOR YEARS.

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Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance

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BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National Insurance Commission (NAICOM) as compliant with the Minimum Capital Requirements stipulated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025.

This final batch of approvals formally completes the nation’s insurance recapitalization exercise, bringing the total roster of fully capitalized operators in Nigeria to 48 insurance companies and two reinsurance companies.

See details below:

List of Additional Insurance Companies that Complied with the MCR Prescribed by NIIRA 2025

The post Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance appeared first on Business Today NG.

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