Wednesday 29 October 2025
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leadership - 13 hours ago

Banks’ Credit To Private Sector Falls In September Amid Rising Govt Borrowing

The Nigerian banking industry’s credit to the private sector declined in September 2025 after maintaining stability for most of the year, as lending to the government rose, data from the Central Bank of Nigeria (CBN) have shown. According to the CBN’s money and credit statistics, credit to the private sector dropped to N72.53 trillion in [ ]


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Banks

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Credit

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Private

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Sector

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Falls

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September

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Rising

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Borrowing

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Sources