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Old Jun 13, 2009 , 08:29 PM   # 2 (permalink)
Default re: [CNBC Videos] Investment Bright Spots In Nigeria



@NVS ADMIN

Thanks for posting the video clip. It is the first time I have heard the new CBN Governor speak. I must say I was very impressed and in particular his response to the question about credit facilities to the smaller businesses. I wish he will try and convince banks to lend more and also maybe reduce lending rates.

Also I have still not been able to get the few banking officials I know in Nigeria to tell me why the vast majority of Nigerian banks old and new generation do not publish interest rates of their various lending products. I know you can get "personal" arranged rates depending on who you know and your history with the bank. Nigeria what an amazing country.

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