NSIA is committed to serving as an enabler to fill in noticeable voids in the Financial Market Infrastructure (FMI) landscape in Nigeria. The Authority is of the view that there are critically important institutions which need to be developed in Nigeria. These institutions include those that will be responsible for providing clearing, settlement and recording of monetary and other financial transactions in the country.
NSIA is supporting the creation of an ecosystem of institutions to address critical gaps in Nigeria’s financial systems. The institutions operationalized so far include:
- Infrastructure Credit Guarantee Company Ltd (InfraCredit)
- Development Bank of Nigeria (DBN)
- Nigeria Mortgage Refinance Company (NMRC)
- Family Homes Fund Ltd
- NG Clearing Ltd