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Tag Archives: CBN Depository Corporation Survey report

Credit to Economy Falls by N900bn in August

Credit to Economy Falls by N900bn in August

Credit to the economy fell by N900 billion or 2.27 percent in August driven by slump in credit to the government during the month. The Central Bank of Nigeria (CBN) disclosed this in its Depository Corporation Survey report for August. According to the CBN, credit to the domestic economy (Net …

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