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Poor structure, data limit bank lending to mining

…as investors weigh risks, cost

A picture of a big yellow mining truck at worksite

Nigerian deposit money banks (DMBs) appear cautious of the solid minerals sector, data from the National Bureau of Statistics (NBS) show. Of the total credit allocated by banks to private sectors of the economy in fourth quarter (Q4) 2018, mining got the lowest. Different sectors of the economy got a total credit of N15.13 trillion…

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