Bank loans rise as maximum lending rate hits five-year low

The loans and advances to customers from seven major banks in Nigeria jumped in the first quarter of this year as the maximum lending rate fell to 26.61 percent, the lowest in five years. Data from the Central Bank of Nigeria (CBN) on banks’ deposit and lending interest rates showed a 1.04 percentage point drop […]

read more Bank loans rise as maximum lending rate hits five-year low

Generated by Feedzy