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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Tier 1 Capital
Tier 2 Capital
Issued Share Capital
NMRC has =N=20.92 Billion Tier 1 Capital which is above the minmum capital requirement of =N=5 Billion as stipulated by the Central Bank of Nigeria (CBN)
NMRC has 26 investors with the Ministry of Finance Incorporated (MoFI) and the Nigerian Sovereign Investment Authority (NSIA) holding 15.68% and 20.91% respectively.
Five (5) Commercial Banks (CBs) and nineteen (19) Primary Mortgage Banks (PMBs) represent 11.11% and 52.30% respectively of the paid-up shares of NMRC.
The mix of investor groups is chosen to ensure the success of NMRC, as each group brings a unique value to the institution.
NMRC will from time to time raise additional Tier 1 capitalto meet regulatory requirement for expanding business scale.
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17 Sanusi Fafunwa, Victoria Island, Lagos. +234 908 762 8273
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