Share of the manufacturing sector in total bank credit in Nigeria 2019-2020
In the fourth quarter of 2020, the proportion of private credit allocated by the banking sector to manufacturing in Nigeria reached 15.7 percent. In absolute values, this amounted to around 3.2 trillion Nigerian naira (some 7.7 billion U.S. dollars). Compared to the same period in 2019, the share of manufacturing in the total banking sector credit in the country increased only slightly.
