Accessibility to Affordable Mortgage Funding – A Purview of the Nigerian System

According to the CBN’s financial system’s strategy (2020), mortgage finance requirement for the country is conservatively placed at between 15-20 trillion naira,  also house stock is estimated at 10.7 million, out of which only about 5%  is  financed via a formal mortgage system.  Home ownership in Nigeria is put at 10% compared to 72%(US), 72.5%(Malaysia),...


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