The Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) has raised N250 billion in a pilot fundraising round, attracting strong private sector participation in a move aimed at addressing Nigeria’s chronic housing finance shortfall.
The announcement was made Thursday in a statement signed by Sani Yakubu, executive director (co-ordinator) of the MREIF.
The fundraising included a N100 billion issuance in the second series, which was fully subscribed by institutional…
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