Credit To Private Sector Rises By N498.6bn In August           The Central Bank of Nigeria (CBN) has disclosed that credit to private sector went up by N498.6billion in August to N33.26trillion from N32.8trillion reported in July 2021. The N33.36trillion figure announced by the CBN is a new...

Credit To Private Sector Increases By 6.68% To N32.8trn       With a significant percentage given to large corporates, multinationals and high end medium enterprises and no noticeable impact on the real sector, which concerns production, purchase, flow of goods and services, credit to private sector maintain...

Nigeria’s Revenue-to-GDP Ratio Lowest, Private Sector Choking – W/Bank       Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year, is the lowest in the world, the World Bank said on Monday. The Country Director for Nigeria, World Bank, Dr Shubham...

Credit To Private Sector Rises To N31.822trn       Banking sector credit to the private sector increased year-on-year by N382 billion to N31.823 trillion as of April, up from the N31.440 trillion it was as at the end of March. The data were compiled from the latest Central...

Private Sector Recorded Growth In April – Report       The Purchasing Managers’ Index report conducted by Stanbic IBTC Bank for the month of April showed that the private sector recorded growth. According to the report, which was released on Thursday, April figure showed a PMI of 52.9. It...

IWD 2021: MAMA Centre Demands Policy Re-alignment, Private Sector Involvement In Gender Equality       The Mothers And Marginalised Advocacy Centre (MAMA Centre) commemorates the International Women’s Day 2021 with theme “Women in leadership: Achieving an equal future in a COVID-19 world”. While we on this Day commend...