Improved economic activities have driven lenders to increase credit supply, as credit availability expanded across secured, unsecured and corporate lending segments in the third quarter of 2025, reflecting a broad improvement in overall supply conditions.
This was disclosed in the Credit Conditions Survey published on the Central Bank of Nigeria’s website on Wednesday. The survey, conducted in September 2025, captures lenders’ views on secured and unsecured lending to households, private non-financial corporations, small businesses and other financial corporations, and represents the assessments of the lenders rather than the official position of the CBN.
According to the report, lenders attributed the rise in credit availability to a more favourable lending environment compared to the previous quarter. The findings showed upward movement in the availability of secured credit, unsecured credit and corporate credit, signalling a stronger willingness among institutions to extend credit during the period.