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Banks raise lending rates for top borrowers despite CBN cuts

Banks raise lending rates for top borrowers despite CBN cuts
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*Raise prime rates in 8 sectors, cut maximum rates *Agric, construction, manufacturing face higher rates *Analysts warn of delayed impact of CBN rate cuts By Babajide Komolafe, Economy Editor Despite interest rate reductions by the Central Bank of Nigeria (CBN), banks have raised average prime le...

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