Credit extended to the Nigerian government increased by 17,390 billion nairas (11.6 billion USD) in the year ending in May 2026, according to data from the Central Bank of Nigeria (CBN), confirming the rise in banks’ exposure to sovereign debt. Total credit to the government stood at 40,380 billion nairas (26.7 billion USD) in May…...
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Nigeria: Central Bank reports strong growth in public credit
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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