Tag Archives: Munachi Okoye

According to MCO Real Estate’s recent report, Nigeria’s real estate market has been mostly quiet this year with only a few big ticket transactions taking place due to some unavoidable real estate challenges Munachi Okoye, Managing Director, MCO Real Estate told CNBC Africa that the fundamentals of the Nigerian economy have not changed and this would positively impact the real ...

CEO MCO real estate, Munachi Okoye, joined CNBC Africa to talk on Nigeria’s housing market under Goodluck Jonathan’s Administration. Housing remains one of the most underdeveloped on the continent. Supply is far behind demand, with only 100,000 new houses being built annually compared with a need for over 700,000 and an accumulated deficit of 17 million units. This is a ...