Nigeria’s banks expanded lending to households and businesses in the fourth quarter of 2025, even as loan defaults climbed, according to the Central Bank of Nigeria (CBN). The apex bank said credit grew across major segments, including mortgages, overdrafts and corporate loans, reflecting stronger demand and improved access to financing.
However, the CBN noted a rise in non-performing loans during the period, with higher default rates recorded on secured, unsecured and corporate facilities. The trend points to mounting repayment pressure on borrowers amid elevated interest rates and broader economic challenges. Analysts warn that sustained increases in bad loans could prompt banks to tighten credit conditions in the coming quarters to contain risk. Visit www.jocomms.com for more news.