Nigerian manufacturers’ loans from tier-one banks soared to a five-year high as a result of naira devaluation.
Data from the Nigerian Exchange Group (NGX) show that loans to the manufacturing sector by the country’s top-tier banks increased to N6.4 trillion in 2024, representing a 218.4 perce
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Chinwe Michael
Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.
