Tag: Mortgage Banks

CBN Requires Monthly Financial Returns from Microfinance, Mortgage Banks, and DFIs

by Harry Choms

March 7, 2024

The Central Bank of Nigeria (CBN) has issued a directive mandating Microfinance banks, Primary Mortgage Banks (PMBs), and Development Financial Institutions (DFIs) to submit their financial returns monthly through the ...

CBN Licensed 34 Primary Mortgage Banks to Begin Operation

by Harry Choms

November 5, 2018

No fewer than 34 Primary Mortgage Banks (PMB) have been licensed by the Central Bank of Nigeria (CBN) to operate in the country. While 50 per cent of the banks ...