Banks' Credit to Manufacturers Declines by 20% to N60.4trn
Nigerian deposit money banks disbursed a total of N60.35tn in credit to the manufacturing sector in the first nine months of 2025, a 20.44 per cent decline from the N75.86tn recorded in the corresponding period of...
Banks’ Credit To Economy Now N24.23trn
The total credit from the banking sector to the economy rose to N24.23tn as of the end of May, the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, disclosed on Tuesday.
Speaking at the end of the two-day...
Banks Credit To Economy Hits N43.67trn
Banks’ credit to the economy rose by N75bn to N43.67tn as of the end of February from N42.92tn in January.
The Central Bank Governor, Godwin Emefiele, disclosed this on Tuesday in Abuja.
He said, “Provisional data showed that banking system credit...
Banks’ Credit To Real Estate Drops By N122bn In One Year
Commercial banks’ credit to the real estate sector dropped by N122bn in the last one year, data from the National Bureau of Statistics had shown.
According to the NBS data, the credit dropped from the...
