Nigeria Mortgage Refinance Company (NMRC) aimed to revive the housing sector will take off next week, according to a report of finance ministry. A report released by the Ministry of Finance on Federal Government Projects in 2014, said in Abuja that the company was scheduled to be inaugurated on Jan. […]
Tag: Nigerian Mortgage Refinance Company
Nigerian president: 200,000 affordable mortgages
Nigerian President Goodluck Jonathan says his government will create more than 200,000 affordable mortgages over five years and introduce rent-to-own options for low-income housing to address a massive shortage in Africa’s most populous nation. Jonathan outlined the plans in a New Year’s Day address. Nigerian banks currently hold only 20,000 […]
