World Bank, CBN seek new law for model mortgage regime
The World Bank and Central Bank of Nigeria (CBN) have initiated collaborations in efforts to review the existing Land Use Act laws and create enabling environment for the mortgage...
Nigerians lament inconsistency in housing policy
Eggheads and investors are expressing deep emotion over the policy inconsistency in the housing industry, which they blamed for the deficit in the sector.
NMRC, IFC launch EDGE green building certification system
To encourage companies to invest in sustainably-designed buildings, Nigerian Mortgage Refinance Company (NMRC) and the International Finance Corporation (IFC), a member of the World Bank Group, have launched the EDGE green building certification system in Nigeria to jumpstart the mainstreaming of resource-efficient buildings across the country in a fast, simple and affordable way. An innovation…
‘Why government should prioritise housing for low-income earners’
To improve affordability for low and modest income Nigerians, stakeholders in the built environment have urged government at all levels to make housing a top priority.
‘Land of Honey’ city development broaches new housing deal
A comprehensive new plan unveiled last week to reverse the growing decline in the nation’s housing stock in the Federal Capital Territory, is promising an ambitious new deal for a fresh town project within the Gude district of Abuja.
NMRC’s pioneer MD, Inyangete retires
The Board and Management of the Nigeria Mortgage Refinance Company (NMRC) has announced the retirement of Prof. Charles Inyangete as the Managing Director of the company, after three and a half years of meritorious service, and upon having attained the mandatory retirement age of 60 years old. Professor Inyangete joined the company in November 2014,…
NMRC board sacks chief executive
Dissactified with the running of the Nigeria Mortgage Refinance Company (NMRC) Plc, the board of directors has dismissed Prof. Charles Inyangete as the Managing Director/ Chief Executive...
NMRC, Modern Shelter seal deal on affordable housing
A new Memorandum of Understanding has been endorsed between Nigeria’s foremost mortgage underwriter and a pioneer mortgage brokerage and real estate marketing firm that ensures the removal of barriers to home ownership for off takers. The deal between the Nigeria Mortgage Refinance Company (NMRC) and Modern Shelter Systems and Services Limited (Modern Shelter), will tackle…
NMRC empowers 45 IDPs on technical skills
The Nigeria Mortgage Refinance Company (NMRC) has empowered 45 Internally Displaced Persons (IDPs) with technical skills in aspects of housing construction, such as masonry, plumbing and electrical installations.