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RELATIVE PERFORMANCE OF LOAN RECOVERY IN REAL ESTATE AND NON-REAL ESTATE SECTORS IN LAGOS METROPOLIS

Purpose: The paper investigates the recovery of loan granted for economic activities in some selected sectors of Nigerian economy. This was as a result of the growing trend of unrecovered loans with its debilitating effect on the overall economy which has become a worrisome challenge for sustainable economic development. Design/methodology/approach: The targeted population for the study comprises all commercial banks and Primary mortgage institutions in Lagos Metropolis. Fourteen (14) and forty (40) commercial banks and primary mortgage institutions respectively were randomly selected for the …

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