Nigeria’s net domestic credit drops by 12.8% to N98.97 trn.
Nigeria’s Net Domestic Credit (NDC) declined by 12.8 per cent year-on-year to N98.97 trillion in August 2025, reflecting the Central Bank of Nigeria’s (CBN) continued monetary policy adjustments aimed at supporting disinflation and easing liquidity pressures within the economy. The NDC represents the total value of credit extended by banks to both the private and public sectors. The latest figures indicate a slowdown in overall credit growth when compared with the corresponding period in 2024, suggesting that policy tightening […]