Banks Loan- Request From CBN Hits N11.73trillion Commercial banks’ three-month total loan requests from the Central Bank of Nigeria (CBN) stood at N11.73 trillion as at last December, the CBN Economic Report for the fourth quarter has shown. The loan requests, which came in the form...

The Federal Government has barred banks in the country from giving loans to state governments. The decision was taken in line with the Fiscal Sustainability Plan, FSP, which has been agreed to by the Federal Government’s economic team and state governors, to ensure prudent management...