NewsBreakNigeria
USD/NGN 1,332.83GBP/NGN 1,783.27USD/NGN black market ₦1,389 ▾0.1%GBP/NGN black market ₦1,879 ▾0.1%EUR/NGN 1,529.72JPY/NGN 8.49CAD/NGN 952.48
USD/NGN 1,332.83GBP/NGN 1,783.27USD/NGN black market ₦1,389 ▾0.1%GBP/NGN black market ₦1,879 ▾0.1%EUR/NGN 1,529.72JPY/NGN 8.49CAD/NGN 952.48

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…

Aggregated · originally by Leadership
21 Sept 2026, 08:30 WAT · 3 min read
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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…