The tough economic conditions in Nigeria have led to increased borrowing from banks, with Nigerians borrowing about N290 billion in the span of three months, according to the Central Bank of Nigeria (CBN) Economic Report for the Second Quarter of 2023. The report reveals that consumer credit, which includes personal and retail loans, surged by … Continue reading Nigerians Borrow N290 Billion from Banks in Three Months Amid Economic Challenges – CBN