Banking

Banks’ credit rises to N84trn

Banks’ net domestic credit to the economy has increased by 11% month over month, or N84 trillion, from N75.49 trillion in May. According to Vanguard, the breakdown from the Central Bank of Nigeria’s Money and Credit Statistics published yesterday shows that the private sector took N52.8 trillion, representing a 17.9% increase from the N44.78 trillion it brought in in […]