In 2023, the share of the population in Nigeria that relied on micro-finance banks reached three percent. This was an increase of one percentage point from the previous year. Overall, the share of people using micro-finance banks in the country remained stable within the examined period, with a slight decrease in 2020.
Share of population relying on micro-finance banks in Nigeria from 2018 to 2023
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Efina. (December 13, 2023). Share of population relying on micro-finance banks in Nigeria from 2018 to 2023 [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1454792/share-of-population-using-microfinance-banks-in-nigeria/
Efina. "Share of population relying on micro-finance banks in Nigeria from 2018 to 2023." Chart. December 13, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1454792/share-of-population-using-microfinance-banks-in-nigeria/
Efina. (2023). Share of population relying on micro-finance banks in Nigeria from 2018 to 2023. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1454792/share-of-population-using-microfinance-banks-in-nigeria/
Efina. "Share of Population Relying on Micro-finance Banks in Nigeria from 2018 to 2023." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1454792/share-of-population-using-microfinance-banks-in-nigeria/
Efina, Share of population relying on micro-finance banks in Nigeria from 2018 to 2023 Statista, https://www.statista.com/statistics/1454792/share-of-population-using-microfinance-banks-in-nigeria/ (last visited November 05, 2024)
Share of population relying on micro-finance banks in Nigeria from 2018 to 2023 [Graph], Efina, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1454792/share-of-population-using-microfinance-banks-in-nigeria/