Nigeria needs robust Debt Capital Market, says Prof Inyanete
ABUJA – The Managing Director of the Nigeria Mortgage Refinance Company (NMRC), Prof. Charles Inyangete, yesterday, advocated a more conducive policy and regulatory environment for a robust Debt Capital Market, in the country.
According to him, this would attract more domestic and international investors, increase the market’s financial depth and strengthen its capacity to provide the multi-billion-naira/dollar long-term financing that is required to address the country’s housing deficit.
Prof. Inyangete spoke at the just-concluded FMDQ 2017 Nigerian Debt Capital Markets Conference in Lagos.
While acknowledging the positive strides being recorded by NMRC in increasing home ownership, he expressed concern that the company’s N440 billion Bond Issuance Program to fund its refinancing activities remains grossly inadequate.
He, therefore, called for…
