Average bank loans reached NGN 18,123 bil in 2020 in Nigeria, according to the National Central Bank. This is 15.1% more than in the previous year.
Historically, average bank loans in Nigeria reached an all time high of NGN 19,000 bil in 2018 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 average bank loans.
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