Nigeria Private Sector Credit  Forecast

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Private Sector Credit in Nigeria is expected to be 22983033.88 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Nigeria to stand at 21851048.77 in 12 months time. In the long-term, the Nigeria Private Sector Credit is projected to trend around 31091401.00 NGN Million in 2020, according to our econometric models.

Nigeria Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -10.5 -10 -6.95 -7.58 -8.53 3.23
Consumer Spending 10657885 11750000 10034245 10124181 10359623 12900000
Disposable Personal Income 19990334 18747218 18520608 18248201 17983199 21904999
Private Sector Credit 22021899 22983034 21942772 21896988 21851049 31091401
Gasoline Prices 0.41 0.6 0.43 0.43 0.42 0.7