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						CONSUMER LOANS NEAR FOUR-YEAR HIGH ON RISING INFLATION					
				
Olakunle Oke
December 28, 2023

Nigeria’s consumers, stung by the sharp bite of inflation, are turning to banks with record frequency, sending loan demand to its highest level in nearly four years. Official data from the Central Bank of Nigeria (CBN) reveals a dramatic surge in borrowing, fueled by shrinking incomes and the struggle to make ends meet. Consumer credit […]

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CONSUMER LOANS NEAR FOUR-YEAR HIGH ON RISING INFLATION

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