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Mortgage Banking Association of Nigeria seeks partnership with Federal Government on N250bn real estate fund

Jan 07, 2025•over 1 year ago

Contract Type

partnership

AbujaFinancial ServicesFinanceLending

Description

The Mortgage Banking Association of Nigeria (MBAN) has offered to partner with the Federal Government on the implementation of the recently launched Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF). The initiative, aimed at addressing the housing finance gap and driving economic progress, is designed to provide sustainable financing for affordable housing, with a focus on low-cost mortgages.

Company Information

Company

Mortgage Banking Association of Nigeria (MBAN)

Location

Abuja, Federal Capital Territory, Nigeria

About

Mortgage Banking Association of Nigeria (MBAN) is an association of mortgage bankers and mortgage brokerage companies. It aims to facilitate the housing finance gap and drive economic progress in Nigeria.

Predictive Intelligence
Strategic

ML-powered predictions for Mortgage Banking Association of Nigeria (MBAN)'s next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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