Tag: Act CAP B3

CBN Unveils N5.0 billion Minimum Capital for Mortgage Refinance Company

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday unveiled a minimum capital requirement of N5.0 billion for the Mortgage Refinance Company (MRC). The CBN iin its regulatory and supervisory framework for the operations of an MRC said the procedures and criteria to be used in granting […]