The Nigeria Mortgage Refinance Company Plc (NMRC) will be officially launched tomorrow (Thursday 16th January 2014) at the Banquet Hall, State House Abuja by His Excellency Dr. Goodluck Ebele Jonathan (GCFR) Commander-in-Chief of the Armed Forces Federal Republic of Nigeria. This company is designed to help home/property owners to refinance their mortgage […]
Tag: World Bank
Nigerian finance resurges but investors still shy
Nigeria’s financial markets posted healthy gains in 2013 but five years on from the global financial meltdown, local investors are still wary of sinking their money into stocks. The market capitalisation of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 […]
Big banks see rich opportunities in world’s poorest
* New technology allows big banks to target the poor * More than 2.5 bln people do not have bank account * Achieving scale remains a problem in fragmented market When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought […]
