Nigeria’s mortgage penetration below 1% of GDP – Report

Nigeria’s mortgage penetration is said to be below 1% of Gross Democratic Product (GDP), compared to 77 percent in the United States and 31 percent in South Africa, a new report has shown. The PAC Research highlighted the low penetration in its comprehensive assessments of Nigeria’s housing ecosystem in its two landmark publications: “From Shortage […]

Original source: Daily Trust NG