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
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Efina. (December 13, 2023). Share of population relying on micro-finance banks in Nigeria from 2018 to 2023 [Graph]. In Statista. Retrieved December 03, 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 December 03, 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: December 03, 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 December 03, 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/