Bank credit to Nigerian manufacturers falls 26.8% to ₦5.19 trillion
Central Bank data reported by Nairametrics showed outstanding bank credit to manufacturers fell from ₦7.09 trillion in June 2025 to ₦5.19 trillion in June 2026.
- Publish date: 2026-10-19
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
Bank credit to Nigerian manufacturers falls 26.8% to ₦5.19 trillion
Central Bank data reported by Nairametrics showed outstanding bank credit to manufacturers fell from ₦7.09 trillion in June 2025 to ₦5.19 trillion in June 2026.
The figures cover outstanding balances, rather than new lending approvals. The report said the decline continued a downward trend through much of the first half of 2026, raising questions about financing available for production and investment.