Rent Default Cases Rise Over Hardship, Cost Of Living

Rent Default Cases Rise Over Hardship, Cost Of Living

Leadership | 13-01-2025 04:26pm |

Rising economic pressures in Nigeria have led to increased rent defaults as tenants continue to favour yearly payments. With inflation reaching 34.6 per cent and high unemployment rates, many tenants struggle to meet their obligations, forcing landlords to confront mounting arrears. Tenants in Nigeria are increasingly struggling to cope with skyrocketing rents amid a worsening [...]

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