Nigeria Mortgage Refinancing Company (NMRC) - NSIA

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President Muhammadu Buhari Commissions Second Niger Bridge and Abuja-Kano Road projects, salutes NSIA for Pivotal Role in Project Actualization

May 23, 2023
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Nigeria Sovereign Investment Authority Signs MoU With National Council on Climate Change and Publishes Maiden Edition of its Development Impact Report

May 15, 2023
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The Clan Place, 4th floor, Plot 1386A, Tigris Crescent Maitama Abuja, Nigeria

+234 90 904 0035, +234 809 046 0440

info@nsia.com.ng

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Portfolio

Nigeria Mortgage Refinancing Company

Portfolio

Nigeria Mortgage Refinancing Company

Project Details

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Sector
Financial Market Infrastructure

Commencement Date
2015-02-18

Participants
NSIA
FMF

State
Lagos

Project Details

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Sector

Financial Market Infrastructure

Participants

NSIA
FMF

Commencement Date

2015-02-18

States

Lagos

Project Description

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.

Benefits / Impact (Social, Economic & Others)

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

Related Projects

2023

Nationwide

Carbon Vista

Climate/ESG

May 2023

Abuja

EquiLease Systems Limited

Financial Services

2019

Edo

MedServe

Healthcare

Applications Mar 2023” to “Mar - April 2023

Nationwide

NSIA Prize for Innovation (NPI)

Technology

September 2013

Lagos

Lagos – Ibadan Expressway (LIE)

Motorways

August 2018

Delta

Second Niger Bridge (2NB)

Motorways

OUR PARTNERS

An investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.

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Our Funds

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