Banks net domestic credit rises 37.57% in one year

Nigerian banks Net Domestic Credit (NDC), consisting of loans to the private sector and the government, has maintained a steady increase, rising to an all time high of N68.90 trillion in January 2023 despite the monetary policy tightening by the Central Bank of Nigeria (CBN). The CBN’s latest data showed that NDC grew to N68.90 […]

read more Banks net domestic credit rises 37.57% in one year

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