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Mortgage Loans (Local Currency) in Nigeria

Source: IMF
Last Updated: November 21, 2023

Mortgage loans reached NGN 44.1 bil in 2022 in Nigeria, according to the National Central Bank. This is 19.1% less than in the previous year.

Historically, mortgage loans in Nigeria reached an all time high of NGN 54.6 bil in 2021 and an all time low of NGN 32.5 bil in 2018.

Nigeria has been ranked 61st within the group of 98 countries we follow in terms of mortgage loans.

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