Saturday 22 September 2018
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2 months ago

Why banks aren’t lending at single digit interest rate – CBN

Ifeanyi Onuba, Abuja The Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr Joseph Nnanna, on Thursday blamed the inability of Deposit Money Banks to lend at single digit interest rate on the attractiveness of treasury bills, an instrument used by the government to borrow from the money market. He said this at a roundtable [ ]

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