Bank credit to Nigerian manufacturers falls 26.8% to N5.19 trillion, CBN data show

NAIRAMETRICS | 19-10-2026 07:17am |

Credit extended by Nigerian banks to the manufacturing sector fell by 26.8% year-on-year to N5.19 trillion in June 2026, according to data from the Central Bank of Nigeria. The decline highlights reduced lending to manufacturers amid persistent operating challenges. The figures were reported by Nairametrics.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.