Nigeria: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 83256.69 billion Nigerian Naira as of June 2026, an increase compared to the previous value of 81041.51 billion Nigerian Naira. Historically, the average for Nigeria from January 2000 to June 2026 is 20696.72 billion Nigerian Naira. The minimum of 440.87 billion Nigerian Naira was recorded in January 2000, while the maximum of 94610.07 billion Nigerian Naira was reached in February 2026.
Click on the following link to see the values of: Private sector credit around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: billion Nigerian Naira
- Source: Central Bank of Nigeria
| Recent values | Nigeria: Private sector credit, billion currency units |
|---|---|
| 2026 Jun | 83256.69 |
| 2026 May | 81041.51 |
| 2026 Apr | 80585.3 |
| 2026 Feb | 94610.07 |
| 2026 Jan | 93743.89 |
| 2025 Dec | 75834.21 |
| 2025 Nov | 74631.91 |
| 2025 Oct | 74411.67 |
Download data from our database
Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 23.0 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 1,373.2641 | 7/2026 | Local Currency Units per USD |
| Money supply (broad money) | 133,244.66 | 6/2026 | billion |
| Consumer Price Index (CPI) | 143.0200 | 6/2026 | index points |
| Inflation, monthly | 1.66 | 6/2026 | percent |
| Inflation, annual | 15.91 | 6/2026 | percent |
| Private sector credit | 83,256.69 | 6/2026 | billion |
| Deposit interest rate | 13.78 | 9/2024 | percent |
| Business credit interest rate | 16.75 | 9/2024 | percent |