Nigerian Navy Multi-Purpose Co-operative Society Limited (NNMCSL) was established and incorporated in order to serve as a vehicle for the approval of the Nigerian Navy Micro-Finance Bank Limited which is a mandatory requirement by the CBN.

The Nigerian Navy Multi-Purpose Co-operative Society Limited is a subsidiary of the Nigerian Navy Holdings NHL which was established as a Government Trading Enterprise vide NNO 32/13 alongside other companies namely: Naval Dockyard Limited, Navy Hotel and Suites Limited, Navy Microfinance Bank Limited, Navy Maritime Services Limited, Navy Engineering Services Limited, Naval Building Construction Company, and Naval Clearing and Forwarding Services Limited. The objective of the NHL is to achieve efficiency in services delivery, coordination and consolidation of Internally Generated Revenue (IGR) of all subsidiary companies for better accountability, effective management and ease of administration.Read More...

Aims & Objectives

To improve the socio-economic life of the personnel, disburse loans for productive purposes and other welfare facilities at fair terms and reasonable rate of interest.