According to its Purchasing Managers Index for the month, Stanbic IBTC Bank has said that the Nigerian private sector’s growth quickened in April. The PMI grew to 55.8 in April, up from 54.1 in March. The Read More
Tags :private sector
According to data obtained from the Central Bank of Nigeria, between January and December 2021, the Nigerian banking sector’s credit to the private sector rose by N5.1tn or 16.67 percent. This was contained in the Read More
Credit to the private sector reached its highest level in December 2021, reaching ₦35.73 trillion from ₦30.15 trillion recorded as of December 2020. This represents a ₦5.58 trillion increase in one year. The development is attributed to a combination of Read More
