Northcourt Real Estate Market Review - H1:2015 - Real Estate Market Research and Data for Africa - Estate Intel | Estate Intel - Real Estate Market Research and Data for Nigerian and Africa

The fall in oil prices from Q3 2014 was the more visible commencement of a string of economic difficulties Nigerians would begin to experience. Stressed and depleted from defending the Naira with its savings, the central bank has had to devalue the Naira on two different occasions and then added a myriad of regulations on one hand to curb foreign exchange demand but also ensure the Dollar price doesn’t go out of the roof.However, the CBNs recent monetary tightening policies as well as other topical issues such as 2015 elections, fuel scarcity,Rising inflation and political uncertainties left the nation in gloom for the most part of H1 2015. As institutional and foreign portfolio investors exited, the equities market closed at a loss of -3.5% and a market capitalization at N11.4trn as against N14.03trn same time last year.

Northcourt Real Estate Market Review - H1:2015

Summary

You will find these interesting

Living in Africa: Investing in People (BY JLL)

RISING CASELOADS, A DISRUPTED RECOVERY, AND HIGHER INFLATION

South Africa 2022 (Q1 Snapshots) - By JLL