Tag Archives: nmrc

Has Nigeria’s Federal Government Unlocked the Secret to Affordable Housing?

SOURCE: LAGOS, NIGERIA, (ECHOSTONE DEVELOPMENT NIGERIA LTD)  Officials tasked with the development of affordable housing made news this weekend, as Nigeria’s Minister of State, Works and Housing disclosed the Federal Government’s (FG) plan to build 4 million houses by 2033. With a national housing deficit estimated between 17 to 20 million and growing by 900,000 … Continue reading

August 29, 2019 Nigeria

EchoStone and NMRC Partner to Advance Efficient Housing Delivery in Nigeria

SOURCE: NIGERIA MORTGAGE REFINANCE COMPANY EchoStone Housing (EchoStone), a leading global provider of efficient Housing systems and the Nigeria Mortgage Refinance Company Plc (NMRC), Nigeria’s foremost Mortgage underwriter, have gone into a partnership to address one of the nations’ most pressing issues, which is to improve the operational efficiency of delivering commercially viable, qualitative and … Continue reading

January 2, 2019 Nigeria

Building Strong Pillars for National Mortgage Market

SOURCE: THIS DAY LIVE The key elements for the growth of a national mortgage finance market are gradually taking shape. Major housing industry players including mortgage banks, financing institutions, and developers are working together in a more structured fashion. The country’s mortgage market, which has for several decades, depended on bank deposits now raises longer-term … Continue reading

January 2, 2019 International, Nigeria

NMRC, IFC Launch EDGE Green Building Certification System

SOURCE: THE GUARDIAN ARTICLE To encourage companies to invest in sustainably-designed buildings, Nigerian Mortgage Refinance Company (NMRC) and the International Finance Corporation (IFC), a member of the World Bank Group, have launched the EDGE green building certification system in Nigeria to jumpstart the mainstreaming of resource-efficient buildings across the country in a fast, simple and … Continue reading

May 28, 2018 Nigeria