Tag Archives: credit

Nigeria’s credit to Private Sector Hits N33.8 Trillion the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is according to data from the Central Bank’s money and credit statistics. The country’s private sector has witnessed a rise in borrowing in recent years, due …

The country’s inflation rate which stood at 12.82 per cent in July may rise up to 14.15 per cent by the end of December 2020 as the Federal Government’s deficit rises due to current economic challenges in the country. The CBN said this on Friday in its report titled ‘Monetary, …