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Private Sector Credit Rises N3.51tr As Government Borrowing Drops N7.68trn
Credit allocation in Nigeria’s banking system is shifting towards the private sector, with businesses and households receiving N3.51 trillion in additional credit since May, even as government borrowing from the banking system declined by N7.68 trillion over the same period. The latest money and credit statistics released by the Central Bank of Nigeria (CBN) showed […]
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