Nigeria: Expert Decries Low Banking Sector Credit to Businesses

9 October 2015

The Managing Director/Chief Executive Officer, Afrinvest West Africa Limited, Mr. Ike Chioke, has denounced the low contribution of banking sector credit to small businesses, manufacturing and agric sectors.

He pointed out that banking sector lending to the above-mentioned sectors remained at single digit.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.