Latest Real Estate News in Nigeria
Your Daily Guide to Nigeria's Housing Market Trends & Insights
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Nigeria to Roll Out Interest Free Mortgages Under New FMBN–SEC Partnership
The Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) have unveiled a major joint initiative to develop a nationwide Non-Interest Mortgage (NIM) framework. The effort is aimed at reducing Nigeria’s estimated housing deficit of 28 million units.