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Recession: Number of Vacant Houses Increase in Lekki & Ikoyi | WATCH

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Nigeria’s real estate sector is going through a tough time as the country grapples with a recession, and a sharply devalued currency.

If there’s one city that’s taken a direct hit, it’s Lagos, the commercial capital. The number of vacant houses, especially at the higher end of the market, has risen sharply over the past year.

Watch CCTV’s report:

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