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.
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