Private Sector Banking Credit In Nigeria Increased By 4% (2016 Q3)


The National Bureau of Statistics released the Nigerian private sector banking credit by sector Q1 2015 – Q3 2016. The report shows that;

  • Total private sector credit increased to N16.1tn in q3 2016 from N15.5tn in q2 2016 and N13.03tn in Q3 2015
  • Volume of Cheque transactions rose to 3.0m in q3 2016 from 2.8m in q2 though value declined to N1.41tn in q3 2016 from N1.44tn in q2 2016.

 

See full table of Private sector credit by sector (N”Millions)

Month-YearAgricultureMining & QuarryingManufacturingOil & GasPower and EnergyConstructionTrade/General CommerceGovernmentReal EstateFinance, Insurance and Capital marketEducationOil & GasPower and EnergyGeneralInformation & CommunicationTransportation & CommunicationOthersTotal Private Sector
Q1 2015466,381.34222,302.531,878,091.982,153,166.81282,697.75585,520.351,250,693.78766,339.94615,323.51757,275.4779,696.471,073,491.13163,928.211,472,227.54771,560.81458,442.91359,961.1813,357,101.71
Q2 2015484,947.8017,937.351,909,491.642,058,656.54353,910.83641,300.421,058,732.11696,874.19548,210.64811,924.9964,642.821,147,238.86161,243.671,859,908.52848,856.41413,138.37356,410.3713,433,425.55
Q3 2015469,924.3812,142.761,958,451.182,241,331.26359,567.76554,253.161,029,996.29618,389.79637,701.12790,241.6879,141.131,212,083.30169,399.071,288,867.67825,436.03420,878.33346,076.1413,013,881.07
Q4 2015449,307.2911,714.181,736,192.992,272,812.29340,308.57531,739.23985,693.67922,888.21692,205.95791,381.9674,158.671,155,533.73162,437.941,390,492.79816,381.29420,608.70332,347.4713,086,204.91
Q1 2016485,633.7411,336.491,862,589.072,237,712.11357,587.99519,036.24950,542.641,230,301.35663,932.91763,054.6783,303.801,032,842.64169,972.391,295,464.15829,440.86389,545.46325,301.9413,207,598.46
Q2 2016480,639.2216,328.382,058,036.943,366,153.62447,228.40607,390.331,020,014.611,384,963.25716,722.07856,276.9187,762.111,136,996.33237,997.461,326,067.15944,571.11456,889.25393,416.6215,537,453.74
Q3 2016491,281.1827,282.412,130,441.303,647,251.14428,448.59631,405.26973,006.591,366,684.41760,234.27933,341.9389,311.851,200,353.88301,363.591,390,094.02957,940.65459,224.34397,437.8216,185,103.23

 

Private sector credit by percentage share %

Month-YearAgricultureMining & QuarryingManufacturingOil & GasPower and EnergyConstructionTrade/General CommerceGovernmentReal EstateFinance, Insurance and Capital marketEducationOil & GasPower and EnergyGeneralInformation & CommunicationTransportation & CommunicationOthersTotal Private Sector
Q1 20153.491.6614.0616.122.124.389.365.744.615.670.68.041.2311.025.783.432.69100
Q2 20153.610.1314.2115.322.634.777.885.194.086.040.488.541.213.856.323.082.65100
Q3 20153.610.0915.0517.222.764.267.914.754.96.070.619.311.39.96.343.232.66100
Q4 20153.430.0913.2717.372.64.067.537.055.296.050.578.831.2410.636.243.212.54100
Q1 20163.680.0914.116.942.713.937.29.325.035.780.637.821.299.816.282.952.46100
Q2 20163.090.1113.2521.662.883.916.568.914.615.510.567.321.538.536.082.942.53100
Q3 20163.040.1713.1622.532.653.96.018.444.75.770.557.421.868.595.922.842.46100

 

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