Banks grant N75.5trn loans to private businesses
By Peter Egwuatu Banks’ Credit to Private Sector, CPS, rose Month-on-Month, MoM, by about 3.1% or N2.3 trillion to N75.5 trillion in July 2024 from N73.2 trillion recorded in June this year. Data from the Central Bank of Nigeria, CBN, shows that Year-on-Year, YoY, CPS rose 34 per cent to N75.5 trillion in July 2024 from […]