Banks credit to domestic economy rise 3.1% in three months

The aggregate banking system’s credit (net) to the domestic economy, quarter-on-quarter, grew by 3.1 percent to N21,409.8 billion, at the end of the second quarter of 2015, compared with the growth of 7.7 per cent at the end of the first quarter. This, however, contrasted with the decline of 7.8 p