AG Mortgage Bank Plc (AGMB) has announced the activation of its new five-year transformational plan (2025–2030), designed to reposition the institution as Nigeria’s leading housing finance group by 2030 and significantly close the nation’s housing financing gap.
The strategic blueprint, built around five pillars—organisational transformation, sustainable capital base, growth, impact and enhanced shareholder value—aims to expand mortgage access and strengthen the country’s real estate financing framework.
Speaking on the new direction, the Managing Director/CEO of AG Mortgage Bank, Ngozi Anyogu, said the institution is committed to reducing the financial burden faced by Nigerians seeking homeownership.
“As CEO, I am convinced that Nigerians desiring to own homes are making far too many financial trade-offs to achieve their dream. As a leader in affordable mortgage delivery, AGMB must drive a radical performance transformation that benefits consumers,” she said.
Anyogu explained that the bank’s growth strategy, as a national mortgage bank (NMB), includes a bold target of originating one million mortgages by 2030. According to her, this milestone will help create value for investors, expand opportunities for customers, and contribute to reducing Nigeria’s estimated 20 million housing deficit.
She added that the plan focuses on increasing the volume of housing finance while building a more resilient, efficient and technology-driven mortgage system that supports long-term shared prosperity across the real estate value chain.
AG Mortgage Bank emphasised that achieving this vision will not only improve housing affordability but also stimulate economic activities and job creation across the construction and mortgage sectors.
