Banks’ Credit To Economy Rose To N23.5tn – CBN

The Central Bank of Nigeria (CBN) has revealed that Banks’ gross credit to the Nigerian economy rose to N23.5tn in November this year. The apex bank, in a new report, revealed that it strengthened the Loan-to-Deposit ratio policy which resulted in a significant rise in loans provided by financial institutions. “Total gross credit rose by … Continue reading Banks’ Credit To Economy Rose To N23.5tn – CBN