Tag Archives: N40tn Mortgage Finance Needed for Housing Shortage – FMBN

The Federal Mortgage Bank of Nigeria has said that the country needs over N40tn in mortgage finance to address the present housing shortage. The bank, in a document made available to Punchng correspondent, noted that the mortgage finance must be affordable to have the desired effect. According to the bank, homeownership rate in the country is currently at about 25 ...

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