In the fourth quarter of 2021, credit allocated by the bank to the private industry in Nigeria experienced an increase. For instance, the mining and quarrying sector received almost 72 trillion Nigerian naira (NGN) (roughly 162 billion U.S. dollars), increasing from around 64.8 trillion NGN (146 billion U.S. dollars) in the previous quarter. Among the four sectors considered, the largest credit was allocated to the mining and quarrying sector, followed by the oil and gas sector.
Bank credit to the private industry in Nigeria from 1st to 4th quarter 2021, by sector
(in trillion Nigerian naira)
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NBS (Nigeria). (October 1, 2022). Bank credit to the private industry in Nigeria from 1st to 4th quarter 2021, by sector (in trillion Nigerian naira) [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/1175091/bank-credit-to-private-industry-in-nigeria/
NBS (Nigeria). "Bank credit to the private industry in Nigeria from 1st to 4th quarter 2021, by sector (in trillion Nigerian naira)." Chart. October 1, 2022. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/1175091/bank-credit-to-private-industry-in-nigeria/
NBS (Nigeria). (2022). Bank credit to the private industry in Nigeria from 1st to 4th quarter 2021, by sector (in trillion Nigerian naira). Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/1175091/bank-credit-to-private-industry-in-nigeria/
NBS (Nigeria). "Bank Credit to The Private Industry in Nigeria from 1st to 4th Quarter 2021, by Sector (in Trillion Nigerian Naira)." Statista, Statista Inc., 1 Oct 2022, https://www.statista.com/statistics/1175091/bank-credit-to-private-industry-in-nigeria/
NBS (Nigeria), Bank credit to the private industry in Nigeria from 1st to 4th quarter 2021, by sector (in trillion Nigerian naira) Statista, https://www.statista.com/statistics/1175091/bank-credit-to-private-industry-in-nigeria/ (last visited October 08, 2024)
Bank credit to the private industry in Nigeria from 1st to 4th quarter 2021, by sector (in trillion Nigerian naira) [Graph], NBS (Nigeria), October 1, 2022. [Online]. Available: https://www.statista.com/statistics/1175091/bank-credit-to-private-industry-in-nigeria/