Bank Lending To Nigerian Manufacturers Drops 26.8% To N5.19 Trillion

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Credit advanced by Nigerian banks to manufacturers decreased by 26.8% year on year to N5.19 trillion in June 2026, indicating a continuing fall in outstanding lending to the sector. The data from the Central Bank of Nigeria’s Q2 2026 statistical bulletin showed that manufacturing credit dropped from N7.09 trillion in June 2025, to N5.19 trillion […]

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