...As banks’ risk appetite wanes Credit to Nigeria’s private sector fell to an 18-month low in September 2025 as a deepening liquidity squeeze and banks’ waning appetite curbed lending, according to new central bank data. The slowdown highlights how tighter funding conditions and increased cash reserve requirements are limiting credit flows to businesses already struggling with rising costs and weakening demand. Data sourced from the Central Bank of Nigeria (CBN) showed that Private Sector Credit Extension (PSCE) dropped by a
...As banks’ risk appetite wanes Credit to Nigeria’s private sector fell to an 18-month low in September 2025 as a deepening liquidity squeeze and banks’ waning appetite curbed lending, according to new central bank data. The slowdown highlights how tighter funding conditions and increased cash reserve requirements are limiting credit flows to businesses already struggling with rising costs and weakening demand. Data sourced from the Central Bank of Nigeria (CBN) showed that Private Sector Credit Extension (PSCE) dropped by a