Primary mortgage bank (PMB) operators in Nigeria say the present N5 billion capital base of the Federal Mortgage Bank of Nigeria (FMBN) is too low, canvassing that, as the managing agent of the National Housing Fund (NHF) scheme, the bank should be recapitalized to, at least, N500 billion.
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CHUKA UROKO
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
