Banks slash loans to manufacturers, traders by N2.1trn

Vanguardngr | 12-01-2026 06:53pm |

Loans to five sectors drop 17.5% to N16.43trn in 6mth By Babajide Komolafe At the backdrop of the challenges confronting the manufacturing sector, including structural bottlenecks, weak consumer demand and high interest rate, banks slashed loans to manufacturers and traders by N2.1 trillion in the first six months of 2025 to N10.946 trillion at the end of

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