Nigeria government to set up new Mortgage refinance company.
Global Banking News-January 9, 2014--Nigeria government to set up new Mortgage refinance company
(C)2014 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 09 January 2014
The government of Nigeria has said that a new Nigeria Mortgage Refinance Company (NMRC) will be launched on January 16.
The new company will enhance the provision of more houses at affordable prices nationwide, it said. Additionally, it will invigorate the housing and construction sector in the country.
The NMRC will increase liquidity in the housing market besides providing a secondary market for mortgages.
[Editorial queries for this story should be sent to email@example.com]
((Distributed via M2 Communications - http://www.m2.com))