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Nigeria Launches First Anti-Fraud Real Estate App to Curb Corruption

Business1 min read
Nigeria Launches First Anti-Fraud Real Estate App to Curb Corruption

Nigerian tech experts have introduced the country's inaugural anti-fraud real estate app to tackle the rampant fraudulent activities in the sector. The app, developed by Ist Choice Properties, aims to address the multi-billion naira losses incurred annually due to fraudulent real estate schemes.

With Nigeria facing a severe housing deficit and significant investment in housing and land, the app seeks to protect investors by verifying property statuses and identifying safe investment opportunities. The initiative aims to combat corruption and restore credibility in Nigeria's real estate industry.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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