Nigeria’s Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) has announced its plan to pay final dividends to all shareholders on February 27 this year following its latest earnings performance.
The financial statement submitted by the MOFI to the Nigerian Exchange Limited (NGX) showed that it reported a profit after tax of N25.353 billion for the 2025 financial year while total distribution for the financial year 2025 stood at N22.828 billion, and N7.479 billion was paid in the first half to eligible shareholders.
In a disclosure by ARM Investment Managers, the investment company for the MOFI, a dividend of N3.7468 per unit for Series I investors and N9.7192 per unit for Series II investors will be paid to shareholders, whose names appear in the Register of Members as at the close of business on 19 February 2026.
According to the investment managers, the proposed dividend payment is subject to regulatory approval, according to ARM Investment Managers, and appropriate withholding tax will be charged.
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It clarified: “On 27 February 2026, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 20 February 2026, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts”.
In the last quarter of 2025, MREIF onboarded 3 additional Eligible Financial Institutions (EFIs) and as of 31 December 2025, the total number of EFIs stood at 18, comprising 8 commercial banks and 10 mortgage banks.
The Fund disbursed N23 billion to 336 mortgage applications pushing its disbursements to N70.72 billion as of December 31, 2025, while mortgages originated stood at 1,082 across 21 states and the FCT.
The N1 trillion Shelf programme is structured as a closed-end real estate investment fund and is established under a unit trust scheme in accordance with the rules and regulations of the Securities and Exchange Commission (SEC).
The Fund is domiciled in Nigeria and denominated in Naira. MREIF commenced operations on March 17, 2025, following the full subscription and SEC clearance of the basis of allotment for its N100 billion Series 2 issuance.
