lending
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People & Money
CBN Retains Benchmark Lending Rate Despite Inflation Pressure
Although Nigeria’s inflation rate rose to 17.33 percent in February 2021 from 16.47 percent the previous month, the Central Bank…
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People & Money
China Expected to Cut Back on Lending to Africa Amid Coronavirus Crisis
Africa is facing a possible loan drought from China in the medium term as lenders fear debt defaults in the…
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People & Money
Nigerian Banks Unlikely to Boost Lending Despite CBN’s Biggest Policy Rate Cut in 6 Years
Attempts by the Central Bank of Nigeria’s Monetary Policy Committee (MPC) to spur economic activities through a rare main interest…
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