Tags : Nigerian banks

Nigerian Banks Lend Private Sector N4.1tn In 12months

Between September 2020 and September 2021, the Nigerian banking sector’s credit to the private sector rose by N4.1tn or 13.8 percent. As part of an effort to drive lending to the real sector, the CBN had in 2019 directed all banks to maintain a minimum of 65 percent Loans-to-Deposit Ratio by the end of December […]Read More