Private sector credit rebounds to N74.41tn in October amid monetary policy adjustments

Nigeriannewsdirect | 01-12-2025 01:23pm |

By Seun Ibiyemi Nigeria’s credit to the private sector recorded a modest rebound in October, rising to N74.41 trillion from N72.53 trillion in September, signaling renewed lending activity following a five-year high interest rate environment. The increase comes after private sector credit had fallen to an 18-month low in September, according to the latest data

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