Nigeria to boost mortgage financing system

World Bank project aims to boost the country's percentage of homeowners, which is one of the lowest in Africa.

    With interest rates running as high as 30 percent in Nigeria, getting a loan to buy a house is a problem for many.

    But the World Bank's decision to provide Nigeria with money to help provide low interest mortgages is good news for millions of people who want to buy a house.

    Al Jazeera's Yvonne Ndege reports from Abuja.

    SOURCE: Al Jazeera

    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The peace games: Dreaming big for South Sudan's youth

    The peace games: Dreaming big for South Sudan's youth

    A relatively new independence and fresh waves of conflict inspire a South Sudanese refugee to build antiwar video games.