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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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    Our Business
  • Media
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    26/07/2021

    14th Abuja International Housing Show

    Organisers: FESADEB Communications
    Location: ICC, Abuja

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

    Coming Soon!

  • Investor Relations
  • Resources
  • 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
Ghana:Gov’t to reclaim lands for affordable housing program | Ghana:First National Bank partners Real Estate Developers to address Ghana’s housing deficit | Ghana:Housing Minister praises First National Bank’s moves to increase home ownership | Ghana:UN to help Ghana resolve housing challenges | Ghana:Real estate developer proposes Housing Levy to help deal with mortgage financing challenges in Ghana | Rwanda:Towards a Green future: Here’s how GGGI is supporting Rwanda to mainstream green growth | Tanzania: Issuance of Tanzania Mortgage Refinance Company Ltd Medium Term Note Programme Tranche 3 | Uganda: Over one million Ugandans lack decent houses — Minister | Uganda: Rental charges increase in 2020/21 second quarter – Ubos | Uganda: Housing Finance Bank, Enwealth Financial Services hold a training on mortgage access through retirement benefits schemes

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
107 downloads3 MB

NMRC Annual Report 2018
19 downloads2 MB

 NMRC Annual Report 2017
25 downloads3 MB

Our Annual Reports

Investor Relations

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All updates

EVENTS SCHEDULE

05

May

VIRTUAL EVENT

The Real Estate as a Service Event for Africa

Africa Property Investment (API)Events is the leading event and thought leadership platform in African real estate.

Click here

API Events

Organiser
Organiser

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
Lagos, Nigeria

11th Annual Affordable Housing Projects

Today, most cities around the world are facing major challenges in providing safe and adequate housing for their people,

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Marcus Evans

Organiser
Organiser
View all events

November 3, 2021

Upcoming Event

AUHF Conference

This Conference will provide a high-quality and seamless experience for investors, developers and professionals looking to connect across time zones

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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