Services sector drives lending as industry credit contracts in one month

Services sector drives lending as industry credit contracts in one month

Nigeria’s credit landscape is showing a growing imbalance as bank lending tilts further toward the services sector, even as credit to industry contracts, raising fresh concerns about the strength of support for the country’s productive base. Latest data from the Central Bank of Nigeria’s monthly economic report for November 2025 showed that total credit to […] read more Services sector drives lending as industry credit contracts in one month

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