Loans Without Collateral To Drop In Q1, CBN Says   The availability of loans without collateral will fall in the first quarter of the year, the Central Bank of Nigeria has said. The statistics department of the apex bank gave this indication in its Credit Conditions Survey...

Banks Took N319bn CBN Loan For Liquidity Control - Report   Commercial banks and merchant banks have accessed N319.28 billion loan from the Central Bank of Nigeria (CBN) to control their liquidity positions and maintain industry stability, the CBN Economic report for October released yesterday has...

FG Defends $22.7bn Loan, Admits Debt Service Budget High   The Federal Government has said Nigeria cannot service its debts with the current revenue generation capacity. The government insisted that debt to Gross Domestic Products ratio is still within the threshold but admitted that the debt to...

Debt Servicing and Rationale For Seeking Loans By Saad Yushau Shuaib   I read with keen interest and undivided attention a news story titled, “Debt servicing gulps N8trn as FG seeks more loans,” on the front page of DailyTrust newspaper of Friday, November 1, 2019. In the...

In Five Months, Manufacturers Receive N459.69bn Of N1.169trn Loans — CBN   Following the loans to deposition ration policy recently announced by the Central Bank of Nigeria (CBN), aggregate deposit money banks’ lending to the real sector has peaked N1.169trn in five months as the manufacturing...

CBN Releases N610.4bn Loans To Farmers   The Central Bank of Nigeria has released a total of N610.4bn to the banks for farmers under the Commercial Agricultural Credit Scheme. The CBN disclosed this in its economic report for the third quarter report on the performance of the...