- The Central Bank of Nigeria publishes the maximum and minimum lending rates for various banks
- The publication, released on the CBN website, is part of the apex bank’s commitment to transparency and full disclosure
- The new lending rates reflect the recent hike in the monetary policy rate by the CBN Monetary Policy Committee in its last meeting
The Central Bank of Nigeria has released the latest maximum and prime lending rates for various Deposit Money banks (DMBs)
The maximum lending rate refers to the average of the highest rates charged when customers need loans.
