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.
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,…
‘Government must adopt policy for first-time home buyers’
Amid the clamour for a robust mortgage system that encourages homeownership, the Nigeria Mortgage Refinance Company (NMRC) has advocated for a new mortgage rule for first-time home buyers.
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…
Social housing as antidote to Nigerian housing challenges
On July 31, 2014, the Federal Government, in Abuja, launched the first 10,000 mortgages for affordable homes scheme. The then Coordinating...
Four states adopt NMRC’s draft mortgage foreclosure law
Hopes of realizing the mortgage-backed housing dream brightened recently, following the adoption of the Nigeria Mortgage Refinance Company (NMRC) pioneered draft model mortgage foreclosure law by four states in the country.