In Nigeria, deposit money banks are required to keep 65% loan to deposit ratio.
An overwhelming 94.3% of businesses surveyed reported being negatively impacted by the COVID-19 pandemic
The new finance bill has generated lots of controversies at different fora and among operators in the SMEs as many do not understand the benefit.
Some economists and financial experts have attributed the retention of the MPR at 13.5% by the CBN to late budget cycles.
The Monetary Policy Committee (MPC) of the CBN holds its 269th meeting today and tomorrow, September 19 and 20, 2019.
Access Bank Plc has provided Nigeria's health sector with N1 billion credit facility, a move believed will boost the country's economy.
About 628 financial institutions have contributed to the development and growth of MSMEs in Nigeria.
In a bid to bridge the gap for financing in the Small and Medium Enterprises (SMEs) sector, the Afrinvest West Africa has partnered Syntaxis Capital Africa. The partnership will...