Banks raise lending rates to 30%

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Banks' loans to customers were priced between 15.01 per cent and 30.70 per cent in the first quarter of this year, the Central Bank of Nigeria (CBN) has disclosed. The lenders however refused to pay more interest on customers' deposits within the period, the ...

from Google Alert - Business https://ift.tt/2XhtTjO
Banks' loans to customers were priced between 15.01 per cent and 30.70 per cent in the first quarter of this year, the Central Bank of Nigeria (CBN) has disclosed. The lenders however refused to pay more interest on customers' deposits within the period, the ... https://ift.tt/eA8V8J

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