Financial Sector in Nigeria 457 indicators covering financial sector for Nigeria. IndicatorLatest Year10-yr change Rank S&P Global Equity Indices -13.4% 2022 down 125.3% 42nd Stock market return 47.6% 2021 up 1,105.2% 5th Gross portfolio equity liabilities to GDP 0.9% 2020 up 2.2% 71st External finance, S1 - Capital outflow restrictions bank credit 1 2014 unchanged 66th Domestic finance, S1 - Credit controls 0 2014 down 100.0% 90th Domestic finance, S1 - Interest rate controls 3 2014 unchanged 1st Domestic finance, S1 - Security markets 2 2014 down 33.3% 64th Domestic finance, S1 - Banking supervisions 2 2014 unchanged 40th Outstanding international private debt securities to GDP 1.6% 2020 up 309.0% 76th Stock market capitalization to GDP 13.1% 2020 down 6.4% 74th Nonbank financial institutions’ assets to GDP 5.6% 2021 — 52nd Securities Other Than Shares, Money Market Instruments 0 2008 down 100.0% 37th Account ownership at a financial institution or with a 63.3% 2024 up 42.3% 75th Stock market turnover ratio 4.4% 2020 down 56.6% 63rd Account ownership at a financial institution or with a 52.2% 2024 up 53.5% 83rd Account ownership at a financial institution or with a 74.3% 2024 up 36.7% 64th Account ownership at a financial institution or with a 73.7% 2024 up 50.7% 63rd Account ownership at a financial institution or with a 44.4% 2024 up 24.3% 84th Account ownership at a financial institution or with a 42.2% 2024 up 50.3% 78th Account ownership at a financial institution or with a 79.7% 2024 up 42.2% 64th Account ownership at a financial institution or with a 46.7% 2024 up 53.2% 75th Account ownership at a financial institution or with a 74.3% 2024 up 38.3% 66th Broad Money, M5 126.82 trillion Domestic currency 2025 up 495.7% 5th Assets, Claims on Depository corporations (OFCS) 3.32 trillion 2025 up 361.1% 10th Assets, Claims on Nonresidents (OFCS) 344.36 billion 2025 up 127.4% 17th Assets, Claims on Private sector (OFCS) 2.44 trillion 2025 up 815.5% 15th Assets, Claims on Public non-financial corporations (OFCS) 0 2025 — 49th Assets, Claims on Central Government (OFCS) 16.33 trillion 2025 up 208.7% 7th Assets, Claims on Other sectors (OFCS) 2.81 trillion 2025 up 571.4% 15th Assets, Claims on State and Local Governments (OFCS) 370.48 billion 2025 up 143.4% 5th Foreign banks among total banks 28.0% 2013 up 154.5% 90th Assets, Total (OFC4SR) 27.45 trillion 2025 up 265.3% 9th Insurance company assets to GDP 1.0% 2019 down 20.9% 126th Average transaction cost of sending remittances to a specific country 4.6% 2023 down 43.4% 26th Pension fund assets to GDP 8.0% 2020 up 118.0% 63rd National Definitions of Money, Base Money 24.74 trillion Domestic currency 2023 up 377.1% 9th Total reserves includes gold 14.9% 2011 down 33.0% 26th External finance, S2 - Inflow restrictions bond 2 2014 up 100.0% 1st External finance, S2 - Inflow restrictions money market instrument 1.5 2014 unchanged 21st External finance, S2 - Inflow restrictions bank credit 2 2014 unchanged 1st External finance, S2 - Outflow restrictions bond 2 2014 up 100.0% 1st External finance, S2 - Outflow restrictions money market instrument 2 2014 up 100.0% 1st Stock price volatility 15.66 2021 down 11.4% 64th Net domestic credit, flow 3.58 trillion current LCU 2011 up 653.3% 1st Total assets, flow 3.99 trillion current LCU 2011 up 527.7% 3rd Net foreign assets, flow 409.78 billion current LCU 2011 up 155.5% 7th Money and quasi money (M2), flow 931.10 billion current LCU 2011 up 240.7% 5th Net foreign assets 41.98 billion current US$ 2011 up 257.8% 3rd Green Bond Issuances, US dollar 0.05 2022 up 605.4% 51st Foreign bank assets among total bank assets 19.0% 2013 up 171.4% 74th Value traded excluding top 10 traded companies to total value traded 21.3% 2018 — 43rd Broad Money, M5 78.76 trillion Domestic currency 2023 up 282.1% 5th Bank accounts per 1,000 adults 1,310 2020 up 177.2% 20th Claims on governments and other public entities 34.94 billion current LCU 1991 up 432.9% 17th Net domestic credit to private sector, stock 42.56 billion current LCU 1991 up 426.6% 37th Banking survey: claims on private sector 42.56 billion current LCU 1991 up 426.6% 37th Claims on central government 33.87 billion current LCU 1991 up 416.6% 18th Net domestic credit to government, flow 12.80 billion current LCU 1991 up 343.5% 14th Claims on governments and other public entities 10.6% 1991 down 17.6% 11th Claims on private sector, flow 8.27 billion current LCU 1991 up 326.9% 31st ← Previous Page 7 of 8 Next →