Should Rent Be Counted as Credit History Towards Mortgage Eligibility in Nigeria?
Millions pay rent monthly in Nigeria, but it does not count toward mortgage approval. Could recognizing rent as credit history unlock new paths to homeownership? In our latest article, we share insights on how this change could expand access to mortgages and reshape the housing market.
Popular Topics
LATEST NEWS
OPINIONS
In Nigeria, millions of renters pay consistently each month, yet these payments rarely count toward building a credit history. As the country works to expand access to mortgages, the question arises: should rent be recognized as part of credit scoring? This article explores how rental history could transform mortgage eligibility, improve financial inclusion, and open new doors for aspiring homeowners across Nigeria.
NATIONAL NEWS
The Rivers State Government’s collaboration with Masta Services aligns with its broader strategy to expand housing infrastructure and stimulate local investment. By positioning the project close to the Port Harcourt International Airport, the state aims to foster a thriving residential and commercial ecosystem that supports tourism, logistics, and corporate relocation.
LAGOS
Tension has risen in Oworonshoki, Lagos, following the demolition of more than 70 houses at Ajileru, Ososa Extension, and Toluwalase Streets an action that occurred despite an active court injunction restraining the state government from proceeding with demolitions in the area.
ABUJA
Minister Nyesom Wike announces that by 2027, every FCT High Court judge will have official housing, marking a new phase in Nigeria’s judicial welfare and infrastructure reform.
