Posts with tag "central bank of nigeria"

In one of my earlier essays, I hinted that plans were in the works by the Federal Government to introduce an encouraging mortgage regime that will be accessible to many Nigerians especially low income earners.

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Apparently bowing to the unrelenting clamour for the reform of the critical aspects of the nation’s mortgage system, the apex supervisory authority, Central Bank of Nigeria (CBN) may have began a clampdown on Primary Mortgage Banks (PMBs) that ceased to carry mortgage business for which they were licensed.

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