Bank loans reached NGN 19,504 bil in 2020 in Nigeria, according to the National Central Bank. This is 16.5% more than in the previous year.
Historically, bank loans in Nigeria reached an all time high of NGN 19,504 bil in 2020 and an all time low of NGN 8.82 bil in 1981.
Nigeria has been ranked 14th within the group of 106 countries we follow in terms of bank loans.
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