As of 2021, there were over 120 million savings accounts in Nigeria. This type of account earns the holder an interest. The number of savings accounts in the country increased significantly between 2016 and 2021. In 2016, the count stood at 69 million.
Number of savings accounts in Nigeria from 2016 to 2021
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Number of accounts in millions
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Nigeria Inter-Bank Settlement System PLC. (July 18, 2022). Number of savings accounts in Nigeria from 2016 to 2021 (in millions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1320760/number-of-savings-accounts-in-nigeria/
Nigeria Inter-Bank Settlement System PLC. "Number of savings accounts in Nigeria from 2016 to 2021 (in millions)." Chart. July 18, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1320760/number-of-savings-accounts-in-nigeria/
Nigeria Inter-Bank Settlement System PLC. (2022). Number of savings accounts in Nigeria from 2016 to 2021 (in millions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1320760/number-of-savings-accounts-in-nigeria/
Nigeria Inter-Bank Settlement System PLC. "Number of Savings Accounts in Nigeria from 2016 to 2021 (in Millions)." Statista, Statista Inc., 18 Jul 2022, https://www.statista.com/statistics/1320760/number-of-savings-accounts-in-nigeria/
Nigeria Inter-Bank Settlement System PLC, Number of savings accounts in Nigeria from 2016 to 2021 (in millions) Statista, https://www.statista.com/statistics/1320760/number-of-savings-accounts-in-nigeria/ (last visited July 22, 2024)
Number of savings accounts in Nigeria from 2016 to 2021 (in millions) [Graph], Nigeria Inter-Bank Settlement System PLC, July 18, 2022. [Online]. Available: https://www.statista.com/statistics/1320760/number-of-savings-accounts-in-nigeria/