Manufacturers Dey Run From Bank Loans Because Interest Rate Too High
Against di backdrop of high-interest-rate regime, leading manufacturers don reduce dia bank borrowings sharply as dem dey run from expensive credit. Financial results for di first nine months of di year (9M’25) show say dia combined bank loans fall by 20.3% to N2.014 trillion from N2.526 trillion for 9M’24. Further findings by Financial Vanguard show say many of di firms don shift funding go equities, corporate bonds and retained earnings, […]
