Banks slash lending, cut N5.4trn across key sectors
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Banks slash lending, cut N5.4trn across key sectors
13 Jul, 2026
Deposit Money Banks (DMBs) slashed lending to oil and gas, information and communication technology (ICT) and six other key sectors of the economy by N5.45 trillion or 14.8 per cent, year-on-year (YoY), in 2025, reflecting the impact of the Central Bank of Nigeria’s (CBN) withdrawal of regulatory forbearance and banks’ loan portfolio clean-up.................….......READ MORE
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