NMRC boosts liquidity in Nigeria’s housing market
The Nigeria Mortgage Refinance Company (NMRC), a Central Bank of Nigeria (CBN)-licensed mortgage liquidity facility with the core mandate of developing the primary and secondary mortgage markets has refinanced mortgage loans totaling N18billion as at December 2018.
Experts predict further dip in real estate market
A combination of heightened uncertainty and eroding affordability is expected to cut into demand and contribute to a weaker real estate market in 2019, and 2018 harsh economic...
‘Removing drivers of high construction cost will reduce house prices’
DEBO ADEJANA is the Managing Director and Chief Executive Officer, Realty Point Limited, a mass housing development company, passionate about cooperative housing and homeownership. In this interview with BERTRAM NWANNEKANMA, he spoke on the widening housing gap in Nigeria and how government can help the private sector in addressing the needs. In Nigeria, there are…
NMRC, ITF kick off construction skills acquisition programme
In fresh efforts to help bridge the manpower gap in the building and construction industry, the Nigeria Mortgage Refinance Company (NMRC) has flagged off its second building and construction skills acquisition programme.
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…
‘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 gets new CEO
Following the retirement of Professor Charles Inyangete as the Managing Director/Chief Executive Officer of the Nigeria Mortgage Refinance Company (NMRC), the board of the company has announced the appointment of an acting managing Director, Mr. Kehinde Ogundimu
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,…