NGIn the second quarter of 2026, Nigerian banks increased their supply of secured, unsecured, and corporate loans, while loan default rates declined across all lending categories, according to the Central Bank of Nigeria’s (CBN) latest survey. The CBN’s 2026 Q2 Credit Conditions Survey indicated that demand for corporate and secured loans rose, with lenders expanding credit availability for these categories. The survey analyzed data from lenders, giving more weight to responses from major institutions. Improved economic outlook, liquidity conditions, and market share goals contributed to the rise in secured and corporate lending. Default rates fell significantly for all loan types, suggesting improved borrower performance and financial stability.
Bias read (Center): The article presents factual survey data from the Central Bank of Nigeria without overtly positive or negative framing. It reports on economic trends and banking behavior without taking sides on political issues, maintaining a balanced tone throughout.
