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Home Exclusives Research Analysis

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

Research Team by Research Team
November 4, 2016
in Research Analysis
Private Sector Banking Credit In Nigeria Increased By 4% (2016 Q3)
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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)

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[table id=111 /]

 

Private sector credit by percentage share %

[table id=112 /]

 

Tags: Nigerian Banks
Research Team

Research Team

The Research Team at Nairametrics meticulously monitors, gathers, curates, and administers an extensive repository of both macroeconomic and microeconomic data originating from Nigeria and across Africa. Utilizing a variety of presentation formats—including documents, tables, and charts—our analysts disseminate key findings through the Nairametrics platform. Additionally, we regularly release insightful, research-driven articles that offer in-depth analyses of economic trends and indicators.

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