Tag

CREDIT TO THE PRIVATE SECTOR

Financial Services

Manufacturing sector leads, as commercial bank lending to the private sector rise to record high N26.8 trillion in June 2022

For the first time, the Manufacturing sector leads the banking sector credit to the private sector with N4.53 trillion in loans

Research Team · Aug 8, 2022 5 min

Blurb

Banks’ credit to government decline by N1.4 trillion

Credit to the private sector hit N25.8 trillion in October 2019, as credit to governments declined by N1.4 trillion to N9.05 trillion.

Titobioluwa Okunade · Nov 27, 2019 3 min