92

views
Unfave

Nigeria's central bank pressures lenders with loan requirement increase

Nigeria's central bank pressures lenders with loan requirement increase LAGOS, Oct 2 (Reuters) - Nigeria's central bank has increased its target for lending by commercial banks for the second time in three months, to help boost growth. Banks that miss the target will face higher cash-reserve requirements.
Read the rest of the story on Reuters Nigeria

Added October 02, 2019
from Reuters Nigeria

Related Nigerian News

  1. UPDATE 1-Nigeria's central bank holds benchmark rate at 13.5%
    added January 24, 2020 from Reuters Nigeria
  2. Nigeria's central bank holds benchmark rate at 13.5%
    added January 24, 2020 from Reuters Nigeria
  3. UPDATE 1-Nigeria's central bank reschedules monetary policy committee meeting
    added January 13, 2020 from Reuters Nigeria
  4. Nigeria's central bank moves monetary policy committee meeting to Jan. 23 and 24 - cenbank Twitter
    added January 13, 2020 from Reuters Nigeria
  5. UPDATE 1-Nigeria's central bank keeps benchmark rate at 13.5%
    added September 20, 2019 from Reuters Nigeria