Portfolio
Nigeria Mortgage Refinancing Company
- Ongoing progress on
- Nigeria Mortgage Refinancing Company
Project Details
Sector
Financial Market Infrastructure
Participants
Nigeria Sovereign Investment Authority
Federal Ministry of Finance
Commencement Date
2015-02-18
States
Lagos
The Nigeria Mortgage Refinance Company (NMRC) is a private sector-driven mortgage refinancing company, with the public purpose of developing the primary and secondary mortgage markets, to provide accessible and affordable housing in Nigeria.
Promote affordable house ownership in Nigeria and unlock its multiplier effects on the Nigerian economy.
NMRC contributes to a better alignment of the Housing Finance Programme.
PARTNERS
How the fund is invested
NA
Project Cost / Size:
US$10 million (20.91%)
NSIA’s interest:
Equity
Funding structure
15
Investment areas
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