In the fourth quarter of 2021, the proportion of private credit allocated by the banking sector to real estate in Nigeria reached 2.9 percent. In absolute values, this amounted to around 2.1 trillion Nigerian naira (some 4.7 billion U.S. dollars). Compared to the previous quarters, the share of real estate in the total banking sector credit in the country decreased.
Share of total banking sector credit to real estate in Nigeria from 1st quarter 2019 to 4th quarter 2021
Data prior to 2021 were retrieved from previous publications.
Figures from Q1 to Q4 are Statista calculations based on source values in Nigerian naira.
Figures are rounded.
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NBS (Nigeria). (October 1, 2022). Share of total banking sector credit to real estate in Nigeria from 1st quarter 2019 to 4th quarter 2021 [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1320337/quarterly-share-of-real-estate-in-total-banking-sector-credit-in-nigeria/
NBS (Nigeria). "Share of total banking sector credit to real estate in Nigeria from 1st quarter 2019 to 4th quarter 2021." Chart. October 1, 2022. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1320337/quarterly-share-of-real-estate-in-total-banking-sector-credit-in-nigeria/
NBS (Nigeria). (2022). Share of total banking sector credit to real estate in Nigeria from 1st quarter 2019 to 4th quarter 2021. Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1320337/quarterly-share-of-real-estate-in-total-banking-sector-credit-in-nigeria/
NBS (Nigeria). "Share of Total Banking Sector Credit to Real Estate in Nigeria from 1st Quarter 2019 to 4th Quarter 2021." Statista, Statista Inc., 1 Oct 2022, https://www.statista.com/statistics/1320337/quarterly-share-of-real-estate-in-total-banking-sector-credit-in-nigeria/
NBS (Nigeria), Share of total banking sector credit to real estate in Nigeria from 1st quarter 2019 to 4th quarter 2021 Statista, https://www.statista.com/statistics/1320337/quarterly-share-of-real-estate-in-total-banking-sector-credit-in-nigeria/ (last visited November 08, 2024)
Share of total banking sector credit to real estate in Nigeria from 1st quarter 2019 to 4th quarter 2021 [Graph], NBS (Nigeria), October 1, 2022. [Online]. Available: https://www.statista.com/statistics/1320337/quarterly-share-of-real-estate-in-total-banking-sector-credit-in-nigeria/
