Financial Sector in Nigeria 53 indicators covering financial sector for Nigeria. IndicatorLatest Year10-yr change Rank Net migration -15,258 2025 up 86.9% 164th Total reserves in months of imports 7.12 2025 up 75.0% 40th Net domestic credit 66.12 trillion current LCU 2022 up 355.5% 18th Domestic credit to private sector by banks 13.1% 2023 up 13.9% 159th Net foreign assets 3.79 trillion current LCU 2022 down 56.6% 36th Claims on central government, etc. 8.6% 2022 up 696.2% 102nd Monetary Sector credit to private sector 9.6% 2022 down 9.8% 170th Domestic credit to private sector 9.6% 2022 down 9.8% 170th Broad money 25.1% 2023 down 1.4% 151st Official exchange rate 1,518 LCU per US$, period average 2025 up 689.0% 21st Claims on private sector 5.7% 2022 up 15.8% 80th Broad money 78.76 trillion current LCU 2023 up 282.1% 16th Broad money growth 50.9% 2023 up 256.0% 6th Claims on central government 22.2% 2022 up 25,673.0% 9th GDP deflator: linked series 194.92 base year varies by country 2025 up 188.7% 53rd Inflation, GDP deflator: linked series 13.9% 2025 up 384.0% 23rd Broad money to total reserves ratio 3.65 2023 up 20.6% 59th Total reserves 37.2% 2024 down 50.6% 55th Interest rate spread 6.2% 2023 down 29.7% 51st Deposit interest rate 7.8% 2023 down 1.3% 28th Consumer price index 860.32 2010 = 100 2025 up 441.3% 13th Bank liquid reserves to bank assets ratio 54.9% 2023 up 68.9% 14th Lending interest rate 14.0% 2023 down 16.2% 38th Real interest rate 2.9% 2023 down 74.4% 96th Listed domestic companies, total 165 2025 down 9.8% 39th Commercial bank branches 3.28 per 100,000 adults 2024 down 38.6% 161st Stocks traded, total value 1.1% 2025 up 35.6% 66th Stocks traded, total value 3.27 billion current US$ 2025 down 20.0% 54th Automated teller machines (ATMs) 12.83 per 100,000 adults 2024 down 16.8% 144th Stocks traded, turnover ratio of domestic shares 2.8% 2024 down 65.3% 67th Market capitalization of listed domestic companies 86.94 billion current US$ 2025 up 74.0% 47th Market capitalization of listed domestic companies 29.9% 2025 up 195.0% 56th Real effective exchange rate index 73.92 2010 = 100 2025 down 38.4% 92nd Claims on other sectors of the domestic economy 17.0% 2022 up 143.8% 16th Bank nonperforming loans to total gross loans 8.1% 2025 up 67.1% 29th International migrant stock 0.6% 2024 unchanged 187th International migrant stock, total 1.40 million 2024 up 17.0% 50th Bank capital to assets ratio 4.5% 2025 down 63.2% 141st Borrowers from commercial banks 31.08 per 1,000 adults 2024 up 5.0% 95th Depositors with commercial banks 1,914 per 1,000 adults 2024 up 207.6% 9th Risk premium on lending 9.3% 2023 up 58.1% 11th Portfolio investment, bonds (PPG + PNG) 2.20 billion NFL, current US$ 2024 down 22.8% 11th S&P Global Equity Indices -13.4% 2022 down 125.3% 42nd Account ownership at a financial institution or with a mobile-money-se 63.3% 2024 up 42.3% 74th Account ownership at a financial institution or with a mobile-money-se 73.7% 2024 up 50.7% 63rd Account ownership at a financial institution or with a mobile-money-se 44.4% 2024 up 24.3% 84th Account ownership at a financial institution or with a mobile-money-se 74.3% 2024 up 36.7% 64th Account ownership at a financial institution or with a mobile-money-se 52.2% 2024 up 53.5% 82nd Account ownership at a financial institution or with a mobile-money-se 42.2% 2024 up 50.3% 77th Account ownership at a financial institution or with a mobile-money-se 79.7% 2024 up 42.2% 64th Account ownership at a financial institution or with a mobile-money-se 74.3% 2024 up 38.3% 66th Account ownership at a financial institution or with a mobile-money-se 46.7% 2024 up 53.2% 74th Average transaction cost of sending remittances to a specific country 4.6% 2023 down 43.4% 26th