Ecobank, NIRSAL Partner To Increase Loans To Farmers
Ecobank Nigeria Limited says it is partnering with the Nigeria Incentive-based Risk-Sharing System for Agricultural Lending, United States Agency for International Development, Development Bank of Nigeria and other developmental partners to double the amount of credit it...
The level of credit to businesses and individuals in the first quarter of 2017 declined, as banks strengthened their rules in the midst of rising Non-Performing Loans (NPLs) and recession, despite availability of the funds.
While fallen revenue earnings had hit the economy since 2014,...