SMEs get just 0.5% of banks’ credit in 10 years
[Vanguard - Nigeria] - 27/01/2026
…As banks lend N1trn to SMEs out of N199trn By Yinka Kolawole Small and medium-scale enterprises (SMEs) have received only 0.51 percent of total banks’ credit to the private sector over a 10-year period, available data has shown, underscoring severe financing constraints facing Nigeria’s biggest (…)
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