Nigeria’s consumer credit drops 20% to N3.8tn
Nigeria’s consumer credit declined by 20% to N3.78tn in 2025, the first drop in six years, as high interest rates impacted household borrowing.
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The Briefing Africa
July 30, 2026 · 04:15 · 5 min read
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Nigeria’s consumer credit declined by 20% to N3.78tn in 2025, the first drop in six years, as high interest rates impacted household borrowing.
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