2021 Economy Outlook And CBN’s Solutions
The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...
Bad Loans: Banks Reduce Consumer Credits By 11%
Lending by banks to consumers fell cumulatively by 11 percent or N100 billion to N1.4 trillion over two months – July and August 2020 – driven by pressure to curtail rising bad loans.
Bankers said the development was...
