Tag Archives: credit

Why CBN continues to give credit facilities to FG- Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele has explained why it has continued to extend overdraft credits to the federal government via a policy termed “Ways and Means”. The Governor noted  the reason why the apex bank continues to support the government through ways and means is part of its responsibility as the lender of last resort ...

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LCCI forecasts 3 to 4% GDP growth at 13% inflation rate for 2018

The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per cent for 2018. In its 2018 Economic Outlook released, on Friday, in Lagos, the LCCI also forecast an inflation rate of 13 per cent for the country. The current inflation rate is 15.9 per cent. The Chamber ...

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