Tag: MOFI

Business

MREIF posts ₦14.49bn profit before tax in H1 2026

MOFI Real Estate Investment Fund reported profit before tax of N14.49 billion for the six months ended June 30, 2026, supported by strong income generation from its investment portfolio. Interest income from cash and cash equivalents and financial assets measured at amortized cost totalled N14.31 billion, accounting for 81.9 per cent of the Fund’s N17.48 […]

Why affordable housing can't be realistic in Nigeria - Developers
Housing

MOFI real estate fund to pay final dividend on February 27

The Ministry of Finance Incorporated Real Estate Investment Fund is set to pay a final dividend to shareholders on February 27, 2026, following a strong earnings performance for the 2025 financial year. According to its financial statement filed with the Nigerian Exchange, MOFI posted a profit after tax of N25.353 billion. Out of the total […]