Corporate Loans rose 19.2% to NGN 13,597 bil in Nigeria in second quarter of 2016

Corporate Loans (NGN bil)
Banking | Nigeria | February 7, 2019
$2.99
Excel Sheet

Corporate loans reached 13,597 NGN bil in second quarter of 2016 in Nigeria, according to the National Central Bank. This is 19.2 % more than in the previous quarter.

Historically, corporate loans in Nigeria reached an all time high of 13,597 NGN bil in second quarter of 2016 and an all time low of 2,410 NGN bil in first quarter of 2007. When compared to Nigeria's main peers, corporate loans in Cameroon amounted to 2,084 XAF bil and 466 XAF bil in Chad in second quarter of 2016.

Nigeria has been ranked 10th within the group of 85 countries we follow in terms of corporate loans.

Corporate loans are loans made to businesses for a specific business purpose.

Corporate Loans (Local Currency) Unit Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018
Algeria DZD bil ... ... ... ... ... ... ... ... ...
Benin XOF bil ... ... ... ... ... ... ... ... ...
Burkina Faso XOF bil ... ... ... ... ... ... ... ... ...
Cameroon XAF bil 2,244 2,187 2,201 2,182 2,251
Central African Republic XAF bil 82.5 82.3 74.7 80.5 89.6
Chad XAF bil 469 475 450 454 450 ...
Gabon XAF bil 805 791 771 793 698 ...
Libya LYD bil ... ... ... ... ... ... ... ... ...
Mali XOF bil ... ... ... ... ... ... ... ... ...
Niger XOF bil ... ... ... ... ... ... ... ... ...
Nigeria NGN bil ... ... ... ... ... ... ... ... ...
Sudan SDG bil ... ... ... ... ... ... ... ... ...
Togo XOF bil ... ... ... ... ... ... ... ... ...