CBN slashes special interest rate to 5%, directs banks to restructure loan terms
The Central Bank of Nigeria (CBN) has disclosed that the interest rates on all applicable apex bank's intervention facilities have ...
Tag: Bank Interest Rates
Bank’s lending rates decline albeit slower than expected
Based on CBN's report, Prime Lending Rate and the Maximum Lending Rate declined 0.3ppts and 1.2ppts respectively to 15.0% and ...
This Governor wants banks to reduce interest rates to SMEs
The Sokoto State Governor, Aminu Waziri Tambuwal yesterday stated that Nigerian banks are inadvertently stifling the growth of Small and Medium scale ...
