CBN lends N9.3tn to businesses, slows down intervention
The Central Bank of Nigeria has lent N9.3tn to businesses, recovering N3.7tn from it. The apex bank said N5tn was not yet due. Director of Development Finance, CBN, Dr Yusuf Yila, disclosed this to journalists on Wednesday in Abuja, noting that manufacturers got 31 per cent of the fund, which was the biggest chunk. “Some … [Read more…]