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Bank lending in Nigeria is problematic because there is a scarcity of secured money in Nigeria from which loans can be guaranteed. This leads to another problem, known commonly as supply and demand. With a limited supply of secured funds to make loans, the cost of lending becomes extremely high; in fact, out of reach for many individual and small business borrowers.

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10y ago
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11y ago

cause of the economic increase in prise

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Q: What are the problems of the Nigerian capital market?
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