Tuesday , 5 August 2014
NIGERIANS, particularly those at the lowest and lower rungs of the social ladder in the country, are soon to begin to count their blessings as they would begin to enjoy the benefits of a social security scheme that can guarantee a basic livelihood as currently being enjoyed by their counterparts in developed nations across the world and oil -rich countries... Read more »
An insight on Nigeria Mortgage Refinance Company and Lagos Home Ownership Scheme If the current tempo continues, 2014 may eventually go down as the year of the mortgage revolution in Nigeria. In January, the Federal Government launched the Nigeria Mortgage Refinance Company (NMRC) while the Lagos State Government last week, kicked started the Lagos State Home Ownership Scheme (Lagos HOMS).... Read more »
Before we click glasses in toast to affordable housing and a Fannie Mae-styled mortgage sector, I think Nigeria’s Minister of Finance and coordinating Minister of the economy, Dr. Ngozi Okonjo-Iweala deserves a special mention. She’s such an incurable optimist who exudes a contagious confidence in the plausibility of a healthy mortgage sector; and what it means to the economy. As... Read more »
The Nigeria Infrastructure Fund, one of the sovereign funds under the Nigeria Sovereign Investment Authority (NSIA) has received board approval to invest 1.6 Billion NGN (US$9.92 Million) in Nigeria Mortgage Refinance Company PLC (NMRC). Uche Orji, the Managing Director and CEO of the NSIA, will join the board of the NMRC. In a press release, Uche Orji states, “Our Investment... Read more »
NMRC was officially launched by His Excellence Dr, Goodluck Ebele Jonathan on January 16th, 2014 in Abuja. Thank you very much your Excellency Mr. President; your Excellency, Mr. Vice President; Excellency Executive Governors and deputy Governors, members of the National Assembly, members of the Federal Executive Council, general partners, members of the diplomatic corps, members of the professions that relate... Read more »
The launch of the Nigeria Mortgage Refinance Company (NMRC), which was due for Thursday 12 December, 2013, was deferred because of the unavoidable absence of the President. President Goodluck Ebele Jonathan (GCFR) joined other world leaders to pay tribute to the former President ofSouth Africa, Nelson Mandela. 3INVESTONLINE is working closely with the organisers and promises to update of the... Read more »