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How developers are hedging against Nigeria’s higher rates

By Reuters
17 April 2024   |   3:33 am
With Nigeria’s key lending rate at 24.75 per cent, developers in Nigeria’s real estate sector say the rate is fast impacting the growth of the industry. How are developers adapting to market shifts and new opportunities amid these challenges? Ayoolanrewaju Kuyebi, the MD and CEO GMH Luxury joins CNBC Africa for this discussion.

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