Bank loans reached USD 51.2 bil in 2020 in Nigeria, according to the National Central Bank. This is 6.13% less than in the previous year.
Historically, bank loans in Nigeria reached an all time high of USD 65.9 bil in 2015 and an all time low of USD 2.01 bil in 1993.
Nigeria has been ranked 46th within the group of 105 countries we follow in terms of bank loans.
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