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Banks advised on small business lending, diversified operations

As banks’ provision for loan losses continue to increase going by the results released by financial institutions on the Nigerian Exchange Limited (NGX), analysts and operators have highlighted the need for banks to increase lending to small and medium enterprises (SMEs) to avoid erosion of revenue. ....

Ambrose Omordion , Amaechi Egbo , Nigerian Exchange Limited , Access Bank Plc , Cash Reserve Ratio , Chief Research Officer , Investdata Consulting , Deposit Ratio , Cbn Loan To Deposit Ratio , Nigerian Exchange Limited , Small Business Lending ,