Tightening Conditions for Nigerian Bank Loans
Commercial banks are expected to tighten their credit scoring criteria next quarter but anticipate that the total loans applications to be approved in the third quarter of 2018 would increase, the Central Bank of Nigeria's Credit Conditions Survey has revealed.
Vanguard, 25 June 2018
Banks said they will further tighten loan conditions in the third quarter 2018, Q3'18, even as they increase lending to the various segments of the economy. Read more »
The Presidency has said that there are strong indications that Nigeria is gradually exiting economic recession. Read more »
Central Bank of Nigeria (file photo)