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Credit to Nigeria’s personal sector declined by N537.6 billion in September 2026, regardless of remaining considerably greater than its degree a yr earlier, as companies and households await the impression of the Central Bank of Nigeria’s (CBN) latest financial coverage adjustment on lending situations.
Data launched by the CBN confirmed that credit to the personal sector fell to N83.93 trillion in September from N84.47 trillion in August, representing a month-on-month decline of about 0.64 per cent.
However, on a year-on-year foundation, personal sector credit elevated by roughly 15.7 per cent from N72.53 trillion recorded in September 2025.
