Market Intelligence

NMRC profits rose 201% in 2015:  Here’s the catch!

by BALA AUGIE

October 3, 2016 | 12:34 am
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  The Nigeria Mortgage Refinancing Company (NMRC) reported Full Year 2015 results that showed profits increased by 201 percent to N482.5 million from N160.1 million in the earlier period.   But how did they do it considering the company which aims to be Nigeria’s version of U.S.A mortgage refinancing giants Freddie Mac and Fannie Mae,…

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by BALA AUGIE

October 3, 2016 | 12:34 am
  |     |     |   Start Conversation

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