Lack of access to credit will lead to reduced manufacturing and capacity utilisation, stagnation of the sector's contribution to GDP, job losses, supply-side inflation, forex pressures
Banks are the most important financial intermediaries especially in developing countries and they operate in the money market segment of the financial system and provide short term funds to businesses, ...
CBN head office The new minimum capital requirements for banks operating in Nigeria, with the objective of ensuring a more safe, sound and stable banking ststem is a welcome ...