…“Sub-scale factory runs elevate unit costs compared to high-volume global plants. High interest rates and rigorous collateral terms limit formal vehicle asset financing to less than 5% of buyers. “High purchasing costs push individual buyers and corporate fleets toward cheap imported used cars,” she noted. The Director…

…N100 billion of the April 2037 bonds and N750 billion of the June 2038 bonds. High interest rates have simultaneously lifted demand for OMO bills as the CBN intensifies its liquidity-management efforts. Nigerian investors, including banks and other eligible institutions, have increasingly turned to these instruments as…

…“At the macro level, MSMEs and large enterprises share three structural problems: high interest rates and collateral requirements, energy and transport infrastructure gaps, and currency instability and multiple taxation. “These pressures reduce investment appetite, discourage industrial scale-up and trap most Nigerian…

…subscription at N1,000 per unitThe bonds, with maturities in 2035, 2037 and 2038, carry interest rates of 22.60%, 16.2499% and 15.45%, respectivelyThe auction will hold on August 17, 2026, with a minimum subscription of N50 million and settlement scheduled for August 19PAY ATTENTION: Mark Legit.ng as a preferred source…

…percent of the market. Noting that this was largely due to systemic funding gaps, high interest rates, and regulatory bottlenecks faced by local fleet operators, Ebosele said the 2026 summit is expected to bring together key decision-makers, regulatory bodies, maritime experts, and primary lending institutions to forge…

…bank lending rates to increase over the next three months, while 57.2% preferred interest rates to decline. At the same time, 46.5% acknowledged the need for higher interest rates to help contain inflation.Food remained the biggest spending priority for households, with other major expenditure areas including household…

…macroeconomic stability. However, he predicted that the apex bank could begin easing interest rates within the next two meetings of the Monetary Policy Committee. “In my own opinion, we are still striking the right balance, but I don’t see the current rate being maintained for much longer. By the next two Monetary Poli…

…he added. Duke also questioned the country’s economic management, arguing that high interest rates have made sustainable growth difficult. “You have poor governance as a derivative of leadership, and you have an economy that is just not growing. How can you grow an economy with interest rates in the upper 30s?” he aske…

…Savings Bonds priced at N1,000 per unit.The two-year and three-year bonds offer annual interest rates of 13.963% and 14.963%, respectivelyThe savings bonds are backed by the full faith and credit of the Federal Government of Nigeria and carry no default riskPAY ATTENTION: Mark Legit.ng as a preferred source, and our co…

…Nigerian companies with access to patient, long-term expansion capital at single-digit interest rates. It added that funding would prioritise manufacturing, excluding defence-related businesses, agro-allied processing, energy, logistics, mineral beneficiation and transportation, while 20 per cent of the total facility…

…Nigerian enterprises with patient, long-term expansion financing at single-digit interest rates. The funding targets businesses operating in manufacturing (excluding defence-related industries), agro-allied processing, energy, logistics, mineral beneficiation, transportation, and information and communication technolog…

…"That is debt restructuring, not debt repayment," he said.**Minimum Wage, NELFUND and Interest Rates**On workers' welfare, Atiku said the federal government had not fully implemented the new minimum wage, with a 40 per cent peculiar allowance tied to the wage adjustment remaining unpaid despite directives that it shoul…

…securing a bank loan often remains out of reach due to collateral requirements and high interest rates.FG restarts N50,000 conditional cash transfer to small business owners. >To ease this burden, the Federal Government introduced the Presidential Conditional Grant Scheme (PCGS), a funding initiative that provides ₦50,…

Digital lending apps in Nigeria face scrutiny over annual interest rates exceeding 300%, affecting vulnerable borrowersConsumers suffer from exploitative lending practices, trapped in cycles of recurring debt and hidden chargesCall for CBN to enforce interest rate caps and enhance consumer protections to safeguard low-…

…even as businesses grapple with persistent inflation, exchange rate volatility and high interest rates.Researchers attributed this resilience to the wider adoption of local financing mechanisms, including green bonds, credit guarantees and wholesale debt facilities, which have helped sustain funding across key sectors.…

…warned that businesses were already grappling with high energy costs, rising interest rates, exchange-rate volatility, weak consumer demand and multiple regulatory obligations. He said an increase in pension contributions could force companies to slow recruitment, delay salary reviews, reduce staff strength and transfe…

…laptops, currently open only to fellows of the 3MTT ProgrammeKey details such as interest rates, repayment periods and down-payment amounts have not yet been announced by CREDICORPFind it fast with our new search feature at Legit.ng! Legit.ng journalist Dave Ibemere has over a decade of experience in business journalis…

…investment, particularly in the manufacturing sector, which has struggled under high interest rates. Their position comes despite a recent CBN Inflation Expectations Survey showing that 61.1 per cent of Nigerians want interest rates reduced ahead of the MPC meeting. In telephone interviews with The PUNCH, economists an…

…be released for the sector. “The terms are very good—15-year financing at single-digit interest rates. This is exactly the kind of financing needed to develop industry in Nigeria.” When asked how long the offer had been available, Bakrin replied: “It has been on the table for a year now.” Expressing disappointment over…

…noted, explaining that “recent geopolitical tensions have delayed expectations of lower interest rates despite our earlier progress in bringing down inflation.” Reflecting on the country’s economic situation when the current CBN management assumed office, Cardoso admitted, “Restoring confidence required us to make diff…

…environment. Businesses continue to grapple with elevated production costs, high interest rates, inadequate electricity supply, logistics bottlenecks and weak transport infrastructure, all of which continue to undermine productivity and competitiveness,” Yusuf said. He observed that manufacturers, agriculture and micro…

…fresh surge in inflation could force the Federal Reserve and other central banks to hike interest rates soon. They continued to rise on Tuesday, piling on more than one per cent. “With Trump, one never quite knows how seriously to take such pronouncements, but Gulf allies would not be pleased with this plan, and it alm…

…highlighting a strong appetite for the country’s fixed-income securities amid elevated interest rates and improving confidence in the foreign exchange market. Data from the capital importation report released by the National Bureau of Statistics showed that bond investments accounted for 32.71 per cent of the $9.86bn p…

…group," the communique read. The workshop unveiled available funding windows with low interest rates for housing development, urging state governments to support their state housing corporations to take advantage of the windows to unlock accessible opportunities to provide housing that will be affordable to the low and…

…from multilateral institutions such as the World Bank are largely concessionary, with interest rates typically below market levels and longer repayment tenors. He noted that the critical question is not whether Nigeria should be borrowing, but whether the loans are structured and deployed effectively. "If it's concessi…