CBN DATA: Credit to private sector hits N32.2trn in May

Credit to private sector hits N32.2trn in Maysector recorded marginal uptick in April – CBN report

CBN DATA: Credit to private sector hits N32.2trn in May     Amid banks lending to real sector, the Central Bank of  Nigeria (CBN) has disclosed that credit to private sector gained N296.8billion to close at N32.2trillion in May 2021. Credit to private sector by CBN in May rose to highest on the heels of CBN introduction of policies to drive banks lending to real sector. Business Metrics gathered that the N32.2 trillion credit to private sector represents an increase of 0.93 per cent in month-on-month performance and 5.06 per…

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