Nigeria’s Mortgage Market roars to Life as NMRC offers N440bn bonds

Nigeria’s much needed mortgage market will take a new life next week as the Nigerian Mortgage Refinancing Company (NMRC) kicks off the expansive scheme that will see it raise an initial N10billion in bonds.

 

The state-backed mortgage-refinance company will sell a total N440 billion ($2.2 billion) of bonds as it seeks to expand access to housing funds, its chief executive officer told Bloomberg.

Student of Ghanaian Universities to work with French Engineering Schools

The Vice Chancellors of Ghanaian Universities have signed a historic agreement with the Conference of Directors of French Engineering Schools (CDEFI) in France and the University President Conference (CPU).

The exchange programme agreement would allow Ghanaian students to study in universities in France and also allow French students to study in Ghana. It also details the certificates, qualifications, titles to be awarded the students, as well as the access conditions to the higher education systems of the partner countries, and the study periods.