Nominal bank loans growth reached 18.8% in third quarter of 2021 in Nigeria, according to the National Central Bank. This is 10.4% more than in the previous quarter.
Historically, nominal bank loans growth in Nigeria reached an all time high of 38.7% in 1Q2017 and an all time low of -6.62% in 1Q2016.
Nigeria has been ranked 8th within the group of 89 countries we follow in terms of nominal bank loans growth.
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