Our objective is to bring Nigerians Affordable Housing.
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NMRC has =N=13.19 Billion Tier 1 Capital
Our objectives is to bring Nigerians Affordable Housing
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Agusto & Co. has upgraded the rating assigned to Nigeria Mortgage Refinance Company Plc (“NMRC” or “the Company”) to ‘Aa’ from ‘Aa-‘. The rating reflects the Company’s good profitability, good asset quality, strong capitalisation for current business risks, good liquidity and experienced management team. The rating also takes into cognisance the irrevocable and unconditional guarantee of the Federal Government of Nigeria (FGN) for NMRC’s bond issuances, which has supported the strong track record in the Nigerian debt capital market”. Agusto & Co also attached a “stable” outlook to the rating.
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17 Sanusi Fafunwa, Victoria Island, Lagos. +234 908 762 8273
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