Nigerian banks at risk due to debts by independent oil producers
According to data from the Central Bank of Nigeria (CBN), about a third of loans by Nigerian banks were given ...
Tag: Bank Loans in Nigeria
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 ...
Nigeria’s oil and gas sector gulps 777 billion Non-Performing loans
Total non-performing loans (NPL) at the end of April stood at N1.69 trillion. According to the latest report, the oil ...
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 ...
