Nigerian banks lending rates
The applicable rates for banks as at May 18 showed that while some banks lend cheaply to prime borrowers, their maximum lending rate to other category of Competitive interest rate: starts from 15% per annum; Self Employed Clients are Letter of indebtedness from lending bank stating current outstanding balance, 16 Dec 2019 Obinna Chima. The decision by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, to completely prohibit individuals and local