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Nigeria to Allow Savers to Dip Into Pension Funds for Mortgages

Africa’s most populous nation, with more than 200 million people, Nigeria is trying to turn more of its citizens into homeowners.

Africa’s most populous nation, with more than 200 million people, Nigeria is trying to turn more of its citizens into homeowners.

Photographer: Damilola Onafuwa/Bloomberg

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Nigeria enacted regulations allowing citizens to tap into their pension contributions to fund mortgages, as it looks for ways to help more people buy homes.