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Nigeria |
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Posted Date: 14 Feb 2010 |
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As tightened lending standards, declining creditworthiness occasioned by the recent swoop on bank loan defaulters by the Central Bank of Nigeria (CBN) dry up credit lines to companies, observers are worried that the capital market which ought to be alternative channel for procuring investment-funds, is yet to recover from its recent crash that made many investors to sustain huge losses in their investment in equities. |
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