Private Sector Credit in Nigeria decreased to 29058813.91 NGN Million in October from 29712172 NGN Million in September of 2020. source: Central Bank of Nigeria (CBN)
Private Sector Credit in Nigeria averaged 10418789.42 NGN Million from 2000 until 2020, reaching an all time high of 30189264.87 NGN Million in July of 2020 and a record low of 440872.30 NGN Million in January of 2000. This page provides - Nigeria Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Private Sector Credit - values, historical data and charts - was last updated on November of 2020.
Private Sector Credit in Nigeria is expected to be 30000000.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Nigeria to stand at 27000000.00 in 12 months time. In the long-term, the Nigeria Private Sector Credit is projected to trend around 27000000.00 NGN Million in 2021 and 28000000.00 NGN Million in 2022, according to our econometric models.