BUSINESS● LOWAug 10 · Aug 10, 2026, 7:28 AM
Nigerians are increasingly borrowing to build houses — CBN
Vanguard Nigeria
·Other lendings rise, lenders report low default rates By Elizabeth Adegbesan Credit for house purchase by households increased to 9.6 index points in the second quarter of 2026 (Q2’26), indicating that Nigerians are intensively borrowing to purchase personal houses. The Central Bank of Nigeria, CBN, disclosed this yesterday in its Credit Condition Survey Report for Q2’26 […] The post Nigerians are increasingly borrowing to build houses — CBN appeared first on Vanguard News.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS23m agoWho Is Competing to Connect America?AEIBUSINESS25m agoTSMC confirms talks with Elon Musk over Texas ‘Terafab’ but insists on operational controlSouth China Morning Post