A fire erupted at the Federal Mortgage Bank of Nigeria’s headquarters in Abuja, resulting in the destruction of property valued at N500 million. Despite the significant damage, firefighters successfully protected assets worth N9.5 billion from the blaze. The incident occurred at the bank’s main office, prompting a swift response from fire services. Investigations are underway to determine the cause of the fire. Authorities have not yet reported any injuries related to the incident. The bank is assessing the full extent of the damage and preparing for recovery efforts, while acknowledging the substantial financial loss. Further details are available via a report from PunchNG.