Nigerians are increasingly borrowing to build houses — CBN
On corporate lending, the apex bank mentioned that lending to small businesses, Medium Private Non-Financial Corporations (PNFCs) and Large PNFCs increased to 26.
The Central Bank of Nigeria, CBN, disclosed this yesterday in its Credit Condition Survey Report for Q2’26 noting that lenders indicated increasei n credit availability for secured, unsecured, and corporate lending during the period.
CBN added: “Lenders reported a decline in default rates across secured and unsecured lending, as well as across all corporate lending categories, including small businesses, Medium PNFCs, Large PNFCs, and OFCs.
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