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₦500m Property Destroyed in Fire at Federal Mortgage Bank in Abuja

₦500m Property Destroyed in Fire at Federal Mortgage Bank in Abuja

A devastating fire destroyed property worth ₦500 million at the Federal Mortgage Bank headquarters in Abuja, but thanks to swift intervention, the Federal Fire Service managed to save assets valued at approximately ₦9.5 billion. The fire, caused by an electrical surge, was brought under control, but the extent of the damage is a stark reminder of the dangers of electrical faults.