May 13, 2021

[GIST] Most bank creditors got loans at below 15% interest rate – MPC member

[GIST] Most bank creditors got loans at below 15% interest rate – MPC member

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About 83.04 per cent of banking creditors were able to access credit at below 15 per cent lending rates as of February. A member of the Monetary Policy Committee, Prof. Adeola Adenikinju, disclosed this in his personal statement at the recent meeting, according to the Central Bank of Nigeria. “Data on the industry’s credit disbursement…


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