MOFI raises N100bn from private investors for real estate

The MOFI Real Estate Investment Fund has successfully raised N100bn from private investors in its fully subscribed Series 2 issuance, marking a significant milestone in mobilising private sector capital for Nigeria’s housing sector.

The issuance is part of MREIF’s NGN250bn pilot fundraising, aimed at bridging the country’s housing finance gap.

The announcement was contained in a statement signed by Sani Yakubu, Executive Director…