Data: Nigeria’s Domestic Credit To Private Sector


What is Credit to the private sector?

Credit to the private sector is the total amount of loans lent to businesses in Nigeria by Nigerian banks.

Where is it sourced?

This data is sourced from the website of the Central Bank of Nigeria and it is updated periodically.

YearMonthCredit to Private Sector (N'million)
2016January 18,939,549
2016February 19,051,105
2016March 18,882,238
2016April 19,378,611
2016May 19,048,959
2016June 21,424,953
2016July 22,375,253
2016August 22,664,210
2016September22,592,627
2016October23,069,635
2016November23,045,395.65
2016December22,374,718.08
2015January 18,165,675
2015February 18,711,743
2015March 18,579,219
2015April 18,595,237
2015May 18,651,813
2015June 18,897,310
2015July 18,665,278
2015August 18,631,267
2015September 18,732,173
2015October 19,086,748
2015November 18,706,812
2015December 18,719,263
2014January 16,064,255
2014February 16,394,060
2014March 16,514,233
2014April 16,776,257
2014May 16,735,272
2014June 16,982,016
2014July 17,267,583
2014August 17,415,051
2014September 17,680,982
2014October 17,869,448
2014November 18,128,496
2014December 18,115,206
2013January 14,992,713
2013February 15,085,168
2013March 15,261,936
2013April 15,408,175
2013May 15,485,230
2013June 15,692,037
2013July 15,796,614
2013August 16,101,213
2013September 16,279,270
2013October 16,276,436
2013November 16,451,788
2013December 16,191,470
2012January 14,641,551
2012February 14,010,812
2012March 14,119,886
2012April 14,192,623
2012May 14,472,588
2012June 14,701,058
2012July 14,845,383
2012August 14,707,982
2012September 14,754,000
2012October 14,941,118
2012November 15,252,554
2012December 15,151,762
2011January 9,416,707
2011February 9,178,290
2011March 9,446,946
2011April 9,900,034
2011May 9,849,249
2011June 9,957,950
2011July 9,951,814
2011August 10,884,226
2011September 11,110,737
2011October 11,638,425
2011November 12,402,892
2011December 14,183,592
2010January 10,081,998
2010February 10,069,461
2010March 10,050,672
2010April 10,079,225
2010May 10,026,969
2010June 10,102,818
2010July 9,910,706
2010August 10,113,201
2010September 10,336,115
2010October 10,534,366
2010November 10,748,379
2010December 9,830,344
2009January 8,508,580
2009February 8,467,978
2009March 8,226,443
2009April 8,379,909
2009May 8,509,346
2009June 8,556,945
2009July 9,026,075
2009August 9,675,018
2009September 9,811,363
2009October 9,853,616
2009November 9,989,982
2009December 10,219,336
2008January 5,338,435
2008February 5,739,401
2008March 5,964,327
2008April 6,494,209
2008May 6,787,459
2008June 6,754,682
2008July 7,341,118
2008August 7,425,092
2008September 7,474,666
2008October 7,693,775
2008November 7,973,271
2008December 8,059,549
2007January 2,608,923
2007February 2,885,505
2007March 3,003,783
2007April 3,188,097
2007May 3,414,415
2007June 3,447,827
2007July 3,829,247
2007August 3,909,450
2007September 4,203,170
2007October 4,415,556
2007November 4,712,719
2007December 5,056,721
2006January 1,981,708
2006February 1,979,082
2006March 1,946,957
2006April 2,080,525
2006May 2,351,086
2006June 2,303,701
2006July 2,384,795
2006August 2,542,805
2006September 2,571,678
2006October 2,550,276
2006November 2,577,499
2006December 2,565,830
2005January 1,607,458
2005February 1,623,277
2005March 1,666,760
2005April 1,722,902
2005May 1,789,147
2005June 1,840,766
2005July 1,907,743
2005August 1,940,462
2005September 1,986,211
2005October 1,937,031
2005November 2,031,565
2005December 2,007,356
2004January 1,261,321
2004February 1,290,762
2004March 1,321,106
2004April 1,368,466
2004May 1,404,953
2004June 1,393,781
2004July 1,462,953
2004August 1,465,473
2004September 1,489,347
2004October 1,524,246
2004November 1,543,113
2004December 1,534,448
2003January 1,029,741
2003February 1,038,530
2003March 1,024,326
2003April 1,051,532
2003May 1,046,594
2003June 1,066,037
2003July 1,105,226
2003August 1,119,970
2003September 1,065,107
2003October 1,179,478
2003November 1,219,892
2003December 1,211,993
2002January 854,131
2002February 875,790
2002March 892,872
2002April 901,459
2002May 918,217
2002June 939,384
2002July 977,446
2002August 908,301
2002September 968,626
2002October 977,417
2002November 996,523
2002December 955,762
2001January 645,124
2001February 688,993
2001March 713,552
2001April 710,511
2001May 741,201
2001June 758,575
2001July 777,314
2001August 788,912
2001September 832,560
2001October 824,038
2001November 843,760
2001December 842,986
2000January 440,872
2000February 464,643
2000March 478,190
2000April 499,597
2000May 504,163
2000June 522,328
2000July 546,256
2000August 566,741
2000September 564,206
2000October 588,251
2000November 593,231
2000December 596,002

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