lending

CBN Retains Benchmark Lending Rate Despite Inflation Pressure

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… Read More

4 years ago

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… Read More

5 years ago

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… Read More

5 years ago