Private Sector Credit in Nigeria increased to 75960127.77 NGN Million in November from 74072462.95 NGN Million in October of 2024. Private Sector Credit in Nigeria averaged 12871702.03 NGN Million from 1993 until 2024, reaching an all time high of 80863019.16 NGN Million in February of 2024 and a record low of 81687.64 NGN Million in January of 1993. source: Central Bank of Nigeria (CBN)
Private Sector Credit in Nigeria is expected to be 73490032.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Private Sector Credit is projected to trend around 83107976.00 NGN Million in 2026 and 86847835.00 NGN Million in 2027, according to our econometric models.