{"id":42291,"date":"2024-01-22T07:36:28","date_gmt":"2024-01-22T07:36:28","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=42291"},"modified":"2024-01-22T06:02:26","modified_gmt":"2024-01-22T06:02:26","slug":"why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment","title":{"rendered":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector because of soaring inflation, weakened Naira, and high cost of production, according to a report by Estate Intel.<\/b><\/p>\n<p>In a recent report, Estate Intel disclosed that investors are jittery in Nigeria due to inflation, rising debt levels and potential default rates, among other things.<\/p>\n<p>According to the report, Nigeria\u2019s Naira has recorded the highest rate of depreciation in 2023, with an 83 per cent decline on the official rate.<\/p>\n<p>\u201cInterestingly, Nigeria also ranked as the third last market due to heightened currency changes (83.66 per cent YTD), high inflation rate (27.33 per cent), and high construction costs estimated at USD1,700 per sqm,\u201d it noted.<\/p>\n<p>\u201cNotably, Botswana and Morocco ranked at the top of the real estate market attractiveness ranking. Relative currency stability, low inflation rates, and lower construction costs have underpinned this,\u201d it stated.<\/p>\n<p>The recent National Bureau of Statistics data showed that Nigeria\u2019s headline inflation increased to 28.92 per cent in December.<\/p>\n<p>Also, on Friday, the country\u2019s currency quoted N902.45 per United States dollar from N460 per dollar in May 2023.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector because of soaring inflation, weakened Naira, and high cost of production, according to a report by Estate Intel. In a recent report, Estate Intel disclosed that investors are jittery in Nigeria due to inflation, rising debt levels [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":42290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,237,234],"class_list":["post-42291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why Nigeria trails behind Botswana, Morocco in Real Estate investment - Botswana<\/title>\n<meta name=\"description\" content=\"ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector becau ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Nigeria trails behind Botswana, Morocco in Real Estate investment\" \/>\n<meta property=\"og:description\" content=\"ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector becau ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-22T07:36:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1445\" \/>\n\t<meta property=\"og:image:height\" content=\"622\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Why Nigeria trails behind Botswana, Morocco in Real Estate investment\",\"datePublished\":\"2024-01-22T07:36:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\"},\"wordCount\":206,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\",\"name\":\"Why Nigeria trails behind Botswana, Morocco in Real Estate investment - Botswana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg\",\"datePublished\":\"2024-01-22T07:36:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector becau ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg\",\"width\":1445,\"height\":622,\"caption\":\"Why Nigeria trails behind Botswana, Morocco in Real Estate investment\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/botswana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why Nigeria trails behind Botswana, Morocco in Real Estate investment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/\",\"name\":\"Botswana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment - Botswana","description":"ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector becau ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment","og_locale":"en_US","og_type":"article","og_title":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment","og_description":"ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector becau ...","og_url":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment","og_site_name":"Botswana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-01-22T07:36:28+00:00","og_image":[{"width":1445,"height":622,"url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment","datePublished":"2024-01-22T07:36:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment"},"wordCount":206,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg","keywords":["Africa Press","Africa Press-Botswana","Botswana"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment","url":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment","name":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment - Botswana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/botswana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg","datePublished":"2024-01-22T07:36:28+00:00","author":{"@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"ReportNigeria trailed behind Botswana and Morocco regarding foreign direct investment in the real estate sector becau ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#primaryimage","url":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg","contentUrl":"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/01\/sm_1705890546.453498.jpg","width":1445,"height":622,"caption":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/botswana\/all-news\/why-nigeria-trails-behind-botswana-morocco-in-real-estate-investment#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/botswana\/"},{"@type":"ListItem","position":2,"name":"Why Nigeria trails behind Botswana, Morocco in Real Estate investment"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/botswana\/#website","url":"https:\/\/www.africa-press.net\/botswana\/","name":"Botswana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/botswana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/42291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/comments?post=42291"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/posts\/42291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media\/42290"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/media?parent=42291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/categories?post=42291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/botswana\/wp-json\/wp\/v2\/tags?post=42291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}