Private Sector

Business

Private-Sector Credit Hits ₦84.55trn As Lending Rises For Third Straight Month

Ogochukwu Onwaeze, THEWILL -
Credit to Nigeria’s private sector rose for the third consecutive month in August 2026, reaching ₦84.55 trillion, according to the latest data from the Central Bank of Nigeria.
Business

Private Sector Credit Jumps by N2.2tn to N83.26tn in June

Ogochukwu Onwaeze, THEWILL -
Credit to Nigeria's private sector increased by N2.22 trillion in June, pushing total outstanding lending to N83.26 trillion, according to the latest data from the Central Bank of Nigeria. Private sector credit rose by about nine per cent...
Business

Private Sector Credit Climbs To ₦81.04trn In May As Lending Holds Up Under Tight CBN Policy

Ogochukwu Onwaeze, THEWILL -
June 23 (THEWILL) — Credit to Nigeria’s private sector rose to ₦81.04 trillion in May 2026, highlighting the resilience of lending activity despite the Central Bank of Nigeria’s (CBN) continued tight monetary policy to curb inflation. According to the latest...
Business

Private Sector Credit Surges by N1.89trn Following September Rate Cut

THEWILL -
November 27, (THEWILL) — Nigeria’s private-sector credit recorded a strong rebound in October 2025, rising to N74.41 trillion from N72.53 trillion in September, an increase of about N1.88 trillion or 2.6 percent, according to the latest data from the...
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Latest News

NewsFelix Ifijeh, THEWILL -

Italy-Bound Businessman Intercepted With Cocaine Consignments In Shoe Soles, Bag Railings

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted a Milan-bound businessman with 4.80 kilograms of cocaine concealed in the soles of shoes and the railings of travelling bags at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos.
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