CBN Lends N9.3tn To Businesses, Reduces Intervention

The Central Bank of Nigeria (CBN) has lent N9.3 trillion to companies while reclaiming N3.7 trillion. Dr Yusuf Yila, CBN’s Director of Development Finance, revealed this to media on Wednesday in Abuja, stating that manufacturers received 31% of the investment, which was the largest portion. “Some of the loans are subject to a moratorium.” We’ve … Continue reading CBN Lends N9.3tn To Businesses, Reduces Intervention