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Private Sector Credit in Nigeria

Indicator Data Period
Private Sector Credit  54762632 NGN Million | 71.719 B USD Aug/23


Latest data on Private Sector Credit  (NGN Million)

Private Sector Credit 
                     Nigeria - Historical Data (NGN Million)

What is the volume of Private Sector Credit in Nigeria?

  • Private Sector Credit in Nigeria increased to 54762632 NGN Million (71.719 B USD) in August 2023. The maximum volume was 32198242 NGN Million and minimum was 81688 NGN Million
  • Data published Monthly by Central Bank.

Historical Data (NGN Million) by years

Data
Period
Date
54762632 Aug/23 30.09.2023
54159168 Jul/23 19.08.2023
52812464 Jun/23 22.07.2023
44214824 May/23 24.06.2023
44100136 Apr/23 20.05.2023
43066396 Mar/23 29.04.2023
41754416 Feb/23 25.03.2023
42253820 Jan/23 23.02.2023


Historical Chart by presidents (NGN Million)

Private Sector Credit  in Nigeria by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Nigeria

Index Updated Actual Previous
Interbank Rate Oct/23 11.94 % 11.94
Interest Rate Aug/23 18.75 % 18.75
Money Supply M1 Aug/23 31.461 B USD 31.637
Deposit Interest Rate Aug/23 7.55 % 7.62
Foreign Direct Investment 4Q/22 0.753 B USD 0.726

Private Sector Credit  in other countries

Country Updated Actual Previous
Tanzania Jul/23 11.983 B USD 11.891
Nigeria Aug/23 71.719 B USD 70.929
Seychelles Aug/23 0.723 B USD 0.719
Uganda Aug/23 5.571 B USD 5.49
Rwanda Jul/23 2.881 B USD 2.828
Swaziland Aug/23 0.973 B USD 0.958
Guatemala Aug/23 29.37 B USD 28.686
Malawi 2023 0.001 B USD 0.001
Sao Tome and Principe Jul/23 0 B USD 0