The Central Bank of Nigeria (CBN) has revealed a notable reduction in loans extended to the private sector, with credit dropping to N71.21 trillion in March.  This figure reflects a significant month-on-month decline of 11.93 percent or N9.65 trillion compared to February’s record of N80.86 trillion. Despite this decrease, credit to the private sector saw a substantial … Continue reading Banks’ loans to the private sector dropped by nearly N10tn in March – Central Bank of Nigeria (CBN)