By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Thursday said it will set a N5.0 billion minimum Capital requirement for Mortgage Banks. This is contained in CBN’s Circular affirming it has approved an exposure draft of the regulatory and supervisory framework for the operations of a mortgage […]
Tag: Capital Base
Experts seek mortgage banks’ capital base review
Due to increasing housing problems in Nigeria, experts have called for a review of the capital base of mortgage banks, saying there is need for the capital base of the mortgage banks to be increased. The experts at a training organised by the Central Bank of Nigeria said the review […]
