Market Intelligence

High NPL forces banks to scale down credit to the private sector in 2017

by TELIAT SULE

February 12, 2018 | 2:51 am
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High non-performing loans in 2016 may have forced banks in the country to scale down credit facilities to the private sector in 2017 as banks became more cautious of high risk sectors, BusinessDay findings have shown. The total credit to the private sector in 2017 witnessed a marginal decrease of 2.34 percent to N15.74 trillion…

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by TELIAT SULE

February 12, 2018 | 2:51 am
  |     |     |   Start Conversation

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Analysis
Why hotel room rates may not reach the $300 mark soon

Why hotel room rates may not reach the $300 mark soon

With a seeming scramble for market share by international brands, the Nigerian hotel market is truly burgeoning. The market features...


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