Private Sector Credit Grows 4.7% In May, But Analysts Flag Slow Pace

Credit to Nigeria’s private sector rose by 4.7% year-on-year in May, according to the latest data from the Central Bank of Nigeria (CBN), reflecting cautious lending amid high borrowing costs. The report showed that credit to the private sector (CPS) increased to N77.83 trillion in May 2025, up from N74.31 trillion in the same period … Continue reading Private Sector Credit Grows 4.7% In May, But Analysts Flag Slow Pace