Nigeria’s credit to the private sector hits all time high of N32.6 trillion

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parallel market, Covid-19: N3.5 trillion disbursed as stimulus package for the Nigerian economy, CBN Vs NESG: Waving the white flag for the benefit of Nigerians, Exchange Rate Unification: CBN devalues official rate to N380/$1, Nigerian banks have written off N1.9 trillion impaired loans in past 4 years, CBN sandbox operations, Stirling Trust Company Limited, Key highlights of the October 2020 Business Expectations Survey Report, A Total of N3.5 trillion was disbursed in the wake of the COVID-19 pandemic, in addition to several other interventions to reflate the economy - CBN, BOFIA 2020: Steps forward or backwards for Nigerian banks, Total credit to the economy rose to N19.54trillion – CBN GovernorNigeria’s total credit to the private sector of the economy was at an all time high of N32.63 trillion as of June 2021, data from the Central Bank of Nigeria shows. This is also the 5th consecutive month of rising domestic credit to the private sector. Over the last half a decade, the Central Bank […]

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