Governments’ Credit Shrinks, Private Sector’s Rises To N25.8tn
Banks’ credit to governments shrunk by13.41 per cent in October to N9.05tn from N10.45tn reported in September, the Central Bank of Nigeria has disclosed. On the other hand, credit to private sector hit N25.8tn in October, according to apex bank. With N25.8tn, commercial bank lending to real sector, the year-till-Date performance revealed that credit to … Read more