Credit to government surges 65.6% to N39.6trn

•As currency outside banks drops 12% to N5.08tr By Babajide Komolafe & Elizabeth Adegbesan Credit to the government rose by 65.6 per cent year-on-year, YoY, to N39.6 trillion in April 2026 from N23.9 trillion in April 2025, driven by increased borrowing to finance the 2026 budget deficit. The Central Bank of Nigeria, CBN, disclosed this in its […] The post Credit to government surges 65.6% to N39.6trn appeared first on Vanguard News .

Original source: Vanguard Nigeria