Firms expect borrowing cost to decline in 3 months

By Elizabeth Adegbesan Firms are expecting borrowing cost for banks’ loans to decline in the next three months deapite seeing rates elevated in July. This was contained in the Central Bank of Nigeria’s, CBN, latest Business Expectation Survey Report. CBN said: “Respondents expect borrowing rates to remain elevated across the same periods, as indicated by the […] The post Firms expect borrowing cost to decline in 3 months appeared first on Vanguard News.

By Urowayino Jeremiah