CREDIT WATCH 2025

About this Publication

Commercial banks dominate the lending landscape for both consumer and corporate loan value. Over 133 million Nigerians are multidimensionally poor, driving increased credit dependency amid high living costs and currency depreciation. The average consumer loan is valued at about ₦136,000 ($89), while an average corporate loan is ₦43.7 million ($28,473). Consumer loan represent 96% of total number of loans and 7% of value of loans 89% of overdue consumer loans fall within 1–90 days, meaning many borrowers may still recover with early intervention. Term loans made up 46% of corporate loan value, reflecting long-term investment needs. 63% of loans were taken by males, while females accounted for 37%.