Tony Elumelu explains why banks impose strict loan conditions on entrepreneurs

Chairman of UBA Group Tony Elumelu has explained why entrepreneurs face strict conditions when seeking loans from commercial banks, attributing the challenge to regulatory requirements. Mr Elumelu spoke during a panel session at the 49th Governing Council meeting of the International Fund for Agricultural Development (IFAD) in Rome, Italy. He said commercial banks are limited […] The post Tony Elumelu explains why banks impose strict loan conditions on entrepreneurs appeared first on QED.NG.

  General   Feb 12, 2026   0   21  Add to Reading List
Tony Elumelu explains why banks impose strict loan conditions on entrepreneurs

Chairman of UBA Group Tony Elumelu has explained why entrepreneurs face strict conditions when seeking loans from commercial banks, attributing the challenge to regulatory requirements. Mr Elumelu spoke during a panel session at the 49th Governing Council meeting of the International Fund for Agricultural Development (IFAD) in Rome, Italy. He said commercial banks are limited […]

The post Tony Elumelu explains why banks impose strict loan conditions on entrepreneurs appeared first on QED.NG.

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