Peionews

Nigerian banks

CBN Lending Rates Hit 60% as Banks Tighten Credit to Key Sectors

By Elizabeth Ugbo Manufacturers and agricultural operators in Nigeria are now paying lending rates of up to 60 per cent,…

CBN Fines Banks for Using Unaccredited Cheque Printers

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has fined commercial banks N10 million and ordered the withdrawal of…