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CBN Releases N38bn Loans To Mortgage Banks

CBN Releases N38bn Loans To Mortgage Banks   The Central Bank of Nigeria (CBN) disbursed loans and advances worth N37.6bn to mortgage banks in 2022; the audited financial statement of the apex bank has shown. The mortgage banks that received the loans from the CBN include the...

CBN Bans Mortgage Banks From Granting Dollar Loans To Customers

CBN Bans Mortgage Banks From Granting Dollar Loans To Customers The Central Bank of Nigeria has barred Primary Mortgage Banks from granting foreign currency denominated mortgage loans to customers. The apex bank, which released the draft guidelines for the licensing and regulation of Primary Mortgage Banks,...