Posts Tagged ‘Nigerian Economy’
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CBN: Regulatory Measures to Improve Lending to the Real Sector of the Nigeria Economy

by Breaking Timeson January 9, 2020
CBN has ordered all Deposit Money Banks (DMBs) to give out loans to real sectors in the Nigeria Economy and also decided to retain the minimum 65% loan deposit ratio (LDR) in the interim. The DMBs are required to maintain this level and further advised that average daily figures shall be applied to access compliance […]

BREAKING| Over 100m Nigerians earn less than N700 per day ~ EFInA

by Ikokwu Ikembaon December 9, 2019
A survey report by Enhancing Financial Innovation and Access (EFInA) has shown that over 100 million Nigerians earn less than N700 per day which limits them to save, make income or take risks on loans thereby making them financially excluded. The survey report titled: ” Assessment of Women’s Financial Inclusion in Nigeria, December 2019″, stated: […]

Nigeria: Moody’s Negative Outlook Reflects Current Realities 

by Ikokwu Ikembaon December 9, 2019
Moody’s negative outlook on Nigeria reflects current realities in the country, experts have said. However, the rating agency affirmed the B2 long-term local and foreign currency issuer ratings, the B2 foreign currency senior unsecured ratings, and the (P) B2 foreign currency senior unsecured MTN programme rating. This is the second change made since November 2017, […]