Banks credit to economy fell to N21.06trn in May

by | July 19, 2017 12:34 am

Banks’ credit to the domestic economy, which stood at N21.06 trillion in May 2017, fell by 1.1 percent, compared with the level at end-April 2017, a report by the Central Bank of Nigeria (CBN) revealed. The development was attributed to the fall in claims on the Federal Government and the private sector, at the end…

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