Nigeria’s private sector credit increases to N83.3 trillion in June 2026, according to the Central Bank of Nigeria (CBN). The figure represents a 2.8% month-on-month rise from N81 trillion recorded in May 2026. Both reports attribute the improvement to growth in lending to businesses and other private borrowers, as reflected in CBN’s latest financial system data. The Vanguard report also notes that while credit to the private sector expands, credit to the government declines, indicating a shift in the distribution of total credit within the banking system. The Punch focuses on the private sector figure and its month-on-month change, reporting the same N83.3tn level and 2.8% increase. Taken together, the accounts describe a June 2026 uptick in private sector borrowing alongside broader developments in money and credit conditions tracked by the CBN. The reports do not provide additional breakdowns on the sectors benefiting from the credit growth or the drivers behind the change.