Banks’ credit to private sector hits N19.54trn in November

credit to private sector

Banks’ credit to private sector hits N19.54trn in November Nigerian banks’ gross credit to players in the private sector has increased to N19.54 trillion as at November 13, 2020, Ahmad Aishah, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has disclosed. She made this known in her personal statement contained in the just released communiqué for the committee’s last meeting held in November. Specifically, she noted that gross credit grew by N290.13 billion between end-August 2020 and November 13, 2020. Similarly, total gross…

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