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Nigerians are increasingly borrowing to build houses — CBN
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Nigerians are increasingly borrowing to build houses — CBN
·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 Ce...
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The Briefing Africa
August 10, 2026 · 07:28 · 5 min read
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·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 Ce...
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