A new fund backed by Nigeria's federal government is quietly building one of the country's largest pools of mortgage capital. It began operating in March 2025 and had already gathered ₦250 billion (about US$188 million) from investors by the end of that year. Full nameMOFI Real Estate Investment Fund (MREIF) Tickers / exchangeMOFIREIF / Nigerian Exchange (NGX) HeadquartersVictoria Island, Lagos, Nigeria (fund manager) SectorReal estate investment fund / mortgage finance EmployeesNot published in available sources Market valueNot published (unit trust; NAV ₦100.00 per unit at 31 Dec 2025, about US$0.075) …
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