Nigeria’s consumer credit surged to N4.42trn in November 2024 –CBN

Sunnewsonline | 18-02-2025 04:29pm |

Nigeria’s consumer credit outstanding surged by 26.29 per cent to N4.42 trillion in November 2024, up from N3.5 trillion in October, as inflation expectations drove more Nigerians to rely on credit to manage rising living costs. This is according to the latest Monthly Economic Report from the Central Bank of Nigeria (CBN). Nigeria’s consumer credit [...]The post Nigeria’s consumer credit surged to N4.42trn in November 2024 –CBN appeared first on The Sun Nigeria.

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