With the current increase in crude oil prices, stability of exchange rate, strengthening of foreign investments and diaspora remittances, Nigeria Mortgage Refinance Company Plc (NMRC) expect greater demand for homeownership and mortgages.

Better days seem ahead for housing finance in the country, following the listing of the Nigerian Mortgage Refinance Company Plc. (NMRC) N10 billion fixed rate bond on the FMDQ Exchange’s platform.

FMDQ Securities Exchange Limited has approved the listing of the Nigerian Mortgage Refinance Company PLC (NMRC), Series 3 N10billion fixed rate bond under its N440 billion bond issuance programme on its platform.

Notwithstanding the harsh operating environment, the Nigerian Mortgage Refinance Company (NMRC) has financed a total of ₦N18.40 billion loans from ₦N17.02 billion

Following the impact of the coronavirus pandemic on the real estate sector, stakeholders including five chief executives in the mortgage finance industry have move to cushion the effect on the average Nigerians seeking decent and affordable housing in the country.

As high prices of building materials are threatening construction costs and dampening the hopes of quality homes, stakeholders have reiterated their call for the establishment of a National Housing Commission

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has said that poor land administration, especially the high cost and long period of securing titles

Eggheads in the nation’s real estate sector have predicted a marginal growth in the sector occasioned by the crucial roles the Family Home Fund (FHF) and the Nigeria Mortgage Refinance Company

Determined to create an enabling environment for affordable housing and mortgage creation, Nigeria Mortgage Refinance Company Plc (NMRC) has sealed a tripartite agreement with the Kaduna State Government (KDSG) and FHA Mortgage Bank that will boost the state’s mortgage scheme.

This might not be the best of times for prospective homeowners and developers, following the apex bank’s recent removal of interest cap rate on mortgage finance for primary mortgage banks in the country.

What we have done is that in 2016, we closed for new business, which led to my taking over and having the opportunity to provide leadership of the company.

The Nigeria Mortgage Refinance Company Plc (NMRC) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have entered into an agreement for joint activities in the affordable housing value chain.