Banks will increase lending rates for corporate organisations in the first quarter (Q1’19) of next year even as the industry recorded increased loan default by households in the fourth quarter of this year (Q4’18).
Continue reading Banks to jerk up lending rate for corporates in Q1’19 at Vanguard News Nigeria. …
lending rate
FG to lobby banks on 5% lending rate to farmers
Reduce lending rates to farmers, Ogbeh urges commercial banks
Minister of Agriculture and Rural Development, Audu Ogbeh, has appealed to commercial banks to reduce their lending rates to farmers to spur the development of agriculture in Nigeria. The minister made the appeal on Tuesday in Abuja at a three-day conference on: “Feed the Future Nigeria Agricultural Policy Project’’ organised by International Food Policy Research […] …