Nigerian banks credit to the government declined to six-months low in January 2025 following a halt in Central Bank of Nigeria (CBN) ways and means.
Data from the CBN showed that credit to the government dropped to N24.51 trillion in January 2025, marking a 38.12 percent or N15.10 trillion decline compared to N39.61 trillion in November 2024. The lowest figure in six months was N19.82 trillion in July 2024.