Manufacturers in Edo/Delta industrial zone spent an average of 26.8 percent to access credit from banks and other financial institutions.
Banks and other financial institutions raised their average lending rate to local manufacturers to 22 percent in 2014, from 20.4 percent obtained in 2013, survey by the Manufacturers Association of Nigeria (MAN) has shown.
This lends credence to the fact that access to finance has become a seriou
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ODINAKA ANUDU
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
