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  • About Us

    Who We Are

    Our objective is to bring Nigerians Affordable Housing.

    Board Members

    Meet Our Board Members

    Ownership Structure

    NMRC has =N=13.19 Billion Tier 1 Capital

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    08/09/2021

    Africa Property Investment (API) Summit

    Organisers: API Events
    Location: Sandton, Convention Centre, Joburg *Hybrid

    View Details
    08/09/2021

    African Property Investment Awards

    Organisers: API Events
    Location: Hybrid

    View Details
    VIEW ALL
    NMRC Mortgage Digest 15th Edition: January – March 2021
    7 downloads 3 MB
     14 Edition NMRC Newsletter October-December 2020
    18 downloads 11.9 mb
     NMRC Newsletter 13th Edition July-September 2020
    11 downloads 31 MB

    Coming Soon!

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  • HOUSING MARKET INSIGHTS
  • Contact

Our objectives is to bring Nigerians Affordable Housing

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News & Announcements

PRESS RELEASE

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Latest on Housing
Kenya: Treasury allocates KES1,5bn (US$13,9m) to deepen land reforms | Kenya: KMRC to float bond to fund low-cost housing | Kenya: Nachu promises to deliver 125,000 housing units in partnership with Finsco Africa | Kenya: Kenya Mortgage Refinance Company gets Ksh 3.5B boost | Kenya: IFC supports Belco Realty LLP in 1,379 unit affordable housing development | Rwanda: Better Shelter creates sustainable housing for refugees displaced by climate crisis | South Africa: Crypto power-Can solar panels boost cheap, green homes in South Africa? | Kenya: Clear bottlenecks that hinder achievement of affordable housing dream | South Africa: Housing subsidy for middle income earners now available | Kenya: Kenya Real Estate Market Activities Report 2020 with Profiles of Stanlib’s ILAM Fahari i-Reit, Centum Real Estate, Home Afrika, Pam Golding and Knight Frank

STANDARDIZATION

Standardizing Mortgage Origination
& Administration Process

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TECHNOLOGY

Leveraging technology to
integrate the
Housing Market

Read more>>

MARKET DEVELOPMENT & ADVOCACY

Advocacy for a Model
Mortgage &
Foreclosure Law (MMFL)

Read more >>

MORTGAGE REFINANCE & SECURITIES ISSUANCE

Growing Mortgage Bond Issuance & Refinancing Read more>>

What We do

Our Business

Breaking the barriers to home ownership by providing liquidity, affordability, accessibility and stability to the housing market in Nigeria.

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Success Stories

Some ground breaking milestones achieved by NMRC since incorporation include the following:

DEVELOPED NMRC
UNIFORM WRITING STANDARDS


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Our Impact

Issued
₦ 0 Billion
from the local debt capital markets
Deployed
₦ 0 Billion
to finance mortgage portfolios of mortgage lenders
Attracted
$ 0 Million
Multilateral IDA Loan
Blended Investment
₦ 0 Billion
in partnership with Kaduna State Government for affordable Housing Finance
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Deployment of a Housing Market System (HMS) to integrate Nigeria’s fractured Housing & Mortgage Market

Standardizing Mortgage Origination and Administration Processes

Successful Advocacy for the Passage of a Model Mortgage Foreclosure in Lagos, Kaduna, Ekiti and Nasarawa States

Technical & Entrepreneurial Skills Training for over 300Youths

A1-(NG) short term issuer rating by Global Credit Rating Company (GCR)

A1-(NG) long term issuer rating by Global Credit Rating (GCR)

A+ Issuer rating by Agusto & Co

2019 prestigious Nigeria Housing Awards for Housing Market Information and Data.

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NMRC Annual Report & Account 2019
121 downloads3 MB

NMRC Annual Report 2018
22 downloads2 MB

 NMRC Annual Report 2017
30 downloads3 MB

Our Annual Reports

Investor Relations

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All updates

EVENTS SCHEDULE

01

Jun

Lisbon, Portugal

International Conference ‘Urban e-Planning’

The 5th international conference on Urban e-Planning, organised by the ‘International Journal of E-Planning Research’.

Click here

International Journal of E-Planning Research

Organiser
Organiser
View all events

July 8, 2021

Upcoming Event

East Africa Property Investment Summit (EAPI)

EAPI is an event that gathers all real estate stakeholders in the region, boasting delegates from key centers of the East African region.

JOIN EVENT HERE

NMRC Explains

Subscribe to NMRC Explains​
percent-997401_1280
Annual Percentage Rate (APR)
Annual percentage rate, or APR, is a way of measuring the full cost a lender charges per year for funds. read more

Interest Rate

An interest rate is defined as the proportion of an amount loaned which a lender charges as interest to the borrower, read more

Interest

Interest is both the cost of borrowing funds and the profit that accrues to those who deposit funds in a savings account. read more

Principal

The principal is the amount due on any debt before interest, or the amount invested before returns. All loans start as principal, read more

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Contact Details

Lagos Office

17 Sanusi Fafunwa, Victoria Island, Lagos.
+234 803 048 6270

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BLOCKCHAIN-POWERED SYSTEM FOR RELIABLE LAND TITLING

NMRC has also tapped blockchain technology’s capacity for tamper-proof record keeping, to build a robust national asset registry system for driving real estate transactions.
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