The Punch Newspaper editorial on May 5, 2026 (Page 18), titled “Women Need Better Access to Credit” highlights one of Nigeria’s most persistent economic blind spots. Despite their immense contributions to business, agriculture, trade, and family welfare, women remain locked out of the financial support they need to grow and thrive.
Bank Credit to Private Sector Declines to N75.83trn
Bank credit to Nigeria’s private sector fell to N75.83tn in August 2025, the lowest level recorded this year, according to the Central Bank of Nigeria’s latest money and credit statistics.
The figure represents a 0.4 per cent decline...
Several African countries including Nigeria have partnered to create a continental credit rating agency to counterbalance Western credit rating agencies’ bias against Africa.
Credit to Govt Rises by N11trn in One Month
Credit to the government surged by over N11 trillion in the month of August 2024, as high interest rates make government securities more attractive to investors.
This is according to the latest money and credit stats data...
Credit for Importation of Goods Dropped by 62% in Q1 2024 – CBN
Nigeria recorded $204.47 million as letters of credit payments in the first quarter (Q1) of 2024.
According to the international payments data obtained from the Central Bank of Nigeria (CBN) on Sunday, the...
Consumer Credit Increases By 32% To N3.05trn In 9 Months
Consumer credit rose by 32 per cent to N3.05 trillion in the nine months to September 2023, 9M ‘23 from N2.31 trillion at the end of December 2022.
The Central Bank of Nigeria, (CBN) disclosed this...
