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CBN To Issue Loans At 5% To SMEs Through NIRSAL MFBThe Central Bank of Nigeria (CBN), says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro Finance Bank (MFB). The CBN Governor, Mr Godwin Emefiele, said this at the tour of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) MFB […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Big Banks Adopt Cautious Lending on Sluggish Economy - THISDAYLIVEBy Obinna Chima and Nume Ekeghe Two of Nigeria’s biggest banks gave out smaller amount of loans in 2018, compared to the previous year as financial institutions remained cautious in creating risk assets, considering the sluggish economic activities in the country. Specifically, two of the tier 1 banks – Zenith Bank Plc and Guaranty Trust Bank Plc …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »