Credit to private sector declines 15% in July

Vanguard Sep 3, 2026 · 07:26 WAT

Credit to Nigeria’s private sector fell 15.3% month-on-month to N33.9 trillion in July 2026 from N40.03 trillion in June, according to CBN Money and Credit Statistics. The data provides macroeconomic context for lending conditions and activity across Nigeria’s banking sector.

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