Nigeria's leading finance and market intelligence news report.

12% drop in bank credit in Q4 2018 deepens real estate sector woes

… Analysts call for JV, collaboration among investors

real estate

The woes which define investors’ experiences in the real estate sector of the Nigerian economy have taken a turn for the worse as bank credit facilities to the sector dropped 12.39 percent in the last quarter of 2018 to N622 billion, from N710 billion in the preceding quarter. For reasons directly linked to the slowdown…

or to read full article

Comments are closed, but trackbacks and pingbacks are open.