CBN Lists 34 Firms Operating As Primary Mortgage Banks in Nigeria

The central bank of Nigeria (CBN) has listed 34 firms as licensed primary mortgage banks in Nigeria operating across the country.
These Mortgage Banks are primarily financial institutions that give loans to housing and real estate builders.

In September 2018, the CBN gave a notification to revoke the operating licences of 182 other financial institutions in the country, of which six primary mortgage banks were included.

Among the list of 34 firms across the country, CBN said seventeen of the Primary Mortgage Banks are in Lagos; eight in Abuja; two in Akwa Ibom; while Oyo, Delta, Ogun, Kebbi, Jigawa, Abia and Osun have one each.

List of Primary Mortgage Banks in Nigeria