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Banks disburse N36.4tn to trade sector amid rate cuts

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Banks disburse N36.4tn to trade sector amid rate cuts

03 Mar, 2026

Nigerian deposit money banks disbursed a total of N36.39tn in credit to the Trade and General Commerce sector in the first nine months of 2025, amid calls for more credit to the private sector for productive activities and investment in critical infrastructure. The PUNCH found that the amount extended by the deposit money banks to the business ecosystem represented a 0.96 per cent increase from the N36.05tn recorded in the corresponding period of 2024..........................READ MORE