Tag Archives: Nigerian manufacturing wins big from Central Bank’s credit push

Nigerian manufacturing wins big from Central Bank’s credit push

Nigeria’s manufacturing sector is the biggest winner of central bank policies that have forced lenders to extend more credit to the private sector. Lending to manufacturing companies in Africa’s most populous country from May to the end of October totalled N459.7 billion ($1.3 billion), the most in two decades, central bank Governor Godwin Emefiele told reporters Tuesday in the capital, ...

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