CPPE urges CBN to re-evaluate development finance amidst N50tn funding gap

The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to rethink its development finance strategies, stating that the real sector faces a significant N50 trillion funding gap due to structural market failures.

3 Aug, 18:26 — 3 Aug, 18:26

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Premium TimesMostly Factual2h ago

CPPE urges CBN to rethink development finance, says real sector faces N50tn funding gap

The organisation CPPE said the financing constraints stem from structural market failures rather than a shortage of liquidity, citing high lending rates, short loan tenors, stringent collateral requirements, limited risk appetite among lenders, and inadequate patient capital. The post CPPE urges CBN to rethink development finance, says real sector faces N50tn funding gap appeared first on Premium Times Nigeria.

By Omotoyosi Idowu

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CPPE urges CBN to re-evaluate development finance amidst N50tn funding gap

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CPPE urges CBN to rethink development finance, says real sector faces N50tn funding gap

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