Private Sector

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

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...

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

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...

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

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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Ikire Killings: Police, Residents Trade Blame As Two Die, Officers Injured In Osun

The violence erupted on Monday at the Naira and Kobo area of Ikire, Irewole Local Government Area, along the Ibadan-Ife Expressway, amid an alleged struggle for control of the motor park. While the Osun State Police Command described the incident as an armed attack on its patrol team by suspected political thugs, residents and political actors in the community have accused the police, particularly the Divisional Police Officer (DPO), of involvement in the shooting.
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