Post by Proshare (@Proshare)

CBN Data: Nigeria's Private Sector Credit Barely Grew in May as Government Borrowing Surged

New CBN data for May 2026 reveals a widening gap between government and private sector credit in Nigeria. While credit to the government expanded 2.0% MoM to N40.4trn, private sector credit grew just 0.6% to N81.0trn, weighed down by a 26.5% MPR and average lending rates near 34.8%.

https://proshare.co/articles/private-sector-credit-growth-remains-muted-in-may-2026-as-government-borrowing-accelerates?menu=Economy&classification=Read&category=Nigeria

CBN Data: Nigeria's Private Sector Credit Barely Grew in May as Government Borrowing Surged New CBN...

0 likes · 0 comments · 0 shares