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Portfolio

Nigeria Mortgage Refinancing Company

Project status: Ongoing progress
NMRC-top 1 (1)
  • Nigeria Mortgage Refinancing Company
NMRC-top 1 (1)
  • Ongoing progress
  • Nigeria Mortgage Refinancing Company

Project Details

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Sector
Services
Commencement Date
2015-02-18
Participants
NSIA
FMF
State
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

MOFI
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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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OUR PARTNERS

Asset 10
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Nigeria’s Sovereign Wealth Fund
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