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66,402 mortgage applications in a month affirm Nigerians' huge housing challenge

Published by BusinessDay on Sat, 13 Sep 2014


Applications received for the first 10,000 mortgages under the new mortgage refinance scheme reached some 66,402 just within 33 days, a situation stakeholders said on Thursday establishes the huge housing challenge in Nigeria. The application process for the 10,000 mortgages which only targeted first time home owners was opened on August 4, 2014 by the []
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