Lagos State Accounted for 78.94% of Credit by Geographical Distribution in Q2 2020 - NBS

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Friday, October 09, 2020 06:30 AM / by NBS/ Header Image Credit:  NBS


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The Nigerian Selected Banking sector data as at Q2 2020 revealed that total Geographical Distribution of Credit by State stood at N18.90trn compared to N18.56trn in Q1 2020 and N15.44trn in Q2 2019. This represents 1.82% increase in credit Quarter on Quarter and 22.38% Year on Year. Lagos State recorded the highest credit by geographical distribution with N14.92trn accounting for 78.94% while Yobe State recorded the least with N13.8bn accounting for 0.07% in Q2 2020.

 

The total value of loans distributed under the Agricultural Credit Guarantee Scheme Fund (ACGSF) stood at N4.07m in 2019 compared to N4.37m distributed in 2018. This represents  decrease of -7.03% Year On year.

 

Remittance Inflows declined by -2.06% in 2019 to $23.81bn from $24.31bn recorded in 2018 while total Remittance Outflows increased by 33.87% to $90.6m from $67.68m recorded in 2018.

 

Breakdown of borrowers in the Banking Industry showed that the total number of borrowers increased by 47.35% to 2.59m in 2019 from 1.76m recorded in 2018 while number of credit facilities increased by 55.54% to 3.18m in 2019 from 2.04m recorded in 2018.

 

Total number of Individuals who registered for National Housing Fund in 2019 stood at 220,935 while total amount of money given out as Mortgage Loans stood at N77.61bn in 2019.

 

Click Here to Download Q2 2020 Selected Banking Sector Data Vol. 2 PDF Report


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Latest 2020 NBS Reports

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Q4 2020

  1. States Generated N612.87bn as IGR in H1 2020 - NBS
  2. All Region TOT Decreased by -0.79% in Q2 2020 Due to Weaker Trade With Europe, Africa and Asia

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Q3 2020

  1. 2,080 Road Traffic Crashes Occurred in Q2 2020 - NBS
  2. 33,448,633MWh of Energy Generated in 2019 - NBS
  3. FAAC Disburses N676.41bn in August 2020 - NBS
  4. FAAC Disburses N696.18bn in July 2020 - NBS
  5. Average Price of 1kg of Rice Increased By 40.69% YoY in August 2020 - NBS
  6. Average Fare For Bus Journey Within City Increased By 12.70% MoM in August 2020 - NBS
  7. Average Prices of PMS, AGO, HHK and Cooking Gas - August 2020
  8. Headline Inflation Increases By 13.22% YoY In August 2020; 0.40% Higher Than July 2020 Rate
  9. Nigeria's Total Public Debt Stood At N31.01trn in Q2 2020 - NBS
  10. Banking Sector Records 2.16bn Volume of Transaction in Q2 2020 - NBS
  11. FAAC Disburses N547.31bn in June 2020 - NBS
  12. Nigeria's Merchandise Trade Falls Steeply in Q2 2020 Due to Sharp Drop in Exports
  13. FAAC Disburses N606.19bn in May 2020 - NBS
  14. Total Value of Capital Imported into Nigeria Stood At $1,294.94m in Q2 2020 - NBS
  15. 612,547kg of Drugs Seized in 2019 - NBS
  16. Nigeria's GDP Contracts by -6.10% YoY in Real Terms in Q2 2020 - NBS
  17. Average Price of 1kg of Tomato Increased By 3.24% MoM in July 2020 - NBS
  18. Average Fare Paid By Commuters for Motorcycle Journey Increased By 9.06% MoM in July 2020
  19. Average Prices of PMS, AGO, HHK and Cooking Gas - July 2020
  20. Headline Inflation Increases By 12.82% YoY In July 2020; 0.26% Higher Than June 2020 Rate
  21. Nigeria's Unemployment Rate Moves Up to 27.1% in Q2 2020 from 23.1% in Q3 2018 - NBS
  22. N651.77bn Generated as VAT in H1 2020 - NBS
  23. Average Prices of 1kg of Tomato Increased By 30.25% YoY in June 2020 - NBS
  24. Average Fare for Bus Journey Within City Increased By 3.36% MoM to N229.94 in June 2020 - NBS
  25. Average Prices of PMS, AGO, HHK and Cooking Gas - June 2020
  26. Headline Inflation Increases By 12.56% YoY In June 2020; 0.16% Higher Than May 2020 Rate
  27. Nigeria's Total Public Debt Stood At N28.63trn in Q1 2020 - NBS
  28. NBS Publishes National Living Standard Survey 2018-19 Report
  29. Active Voice Subscription Grew By 2.48% in Q1 2020 - NBS

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Q2 2020

  1. 5.26bn Litres of PMS Imported Into Nigeria in Q1 2020 - NBS
  2. All Commodity Group Import Index Decreased By 0.84% in Q1 2020
  3. Average Price of 1kg of Rice Increased By 28.18% YoY in May 2020 - NBS
  4. Average Fare Paid By Commuters for Bus Journey Within City Decreased By -0.56% MoM in May 2020 - NBS
  5. Average Prices of PMS, AGO, HHK and Cooking Gas - May 2020
  6. Headline Inflation Increases By 12.40% YoY In May 2020; 0.06% Higher Than April 2020 Rate
  7. Nigeria's Merchandise Trade Slowed in Q1 2020 Due to Declines in Both Imports and Exports
  8. 11,072 Road Traffic Crashes Occurred in 2019 - NBS
  9. FAAC Disburses N780.93bn in April 2020 - NBS
  10. FAAC Disburses N581.57bn in March 2020 - NBS
  11. Average Price of 1kg of Rice Increased MoM By 7.56% in April 2020 - NBS
  12. Average Air Passengers Fare Was Flat MoM in April 2020 - NBS
  13. Total Value of Capital Importation into Nigeria Stood At $5,854.38m in Q1 2020 - NBS
  14. Nigeria's GDP Grew By 1.87% YoY in Real Terms in Q1 2020
  15. Average Prices of PMS, AGO, HHK and Cooking Gas - April 2020
  16. N1.33trn Generated As IGR in 2019 - NBS
  17. Headline Inflation Increases By 12.34% YoY In April 2020; 0.08% Higher Than March 2020 Rate
  18. 20.89bn Litres of PMS Imported Into Nigeria in 2019 - NBS
  19. N338.94bn Generated As VAT in Q1 2020 - NBS
  20. Total Household Expenditure on Food and Non-food Was Put At N40.21bn in 2019 - NBS
  21. Poverty and Inequality in Nigeria 2019: 40% of Total Population Classified as Poor
  22. GDP By Income and Expenditure Approach Q4 2019 - Household Final Consumption Declined by -2.40%
  23. Average Price of 1kg of Rice Increased By 21% YoY to N438.66 In March 2020
  24. Average Transport Fare Paid By Commuters Within City Increased By 1.89% MoM in March 2020
  25. Average Prices of PMS, AGO, HHK and Cooking Gas - March 2020
  26. Headline Inflation Increases By 12.26% YoY In March 2020; 0.06% Higher Than February 2020 Rate
  27. Nigeria's Total Public Debt Stood At N27.40trn in Q4 2019 - NBS
  28. FAAC Disburses N647.35bn in February 2020 - NBS

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Q1 2020

  1. Banking Sector Records 893.68m Volume of Transaction in Q4 2019 - NBS
  2. Active Voice Subscription Grew By 3.08% in Q4 2019 - NBS
  3. All Commodity Group Import Index Fell by 3.27% Due Mainly to Declines in the Prices of Goods
  4. Average Prices of 1kg of Tomato Decreased By -10.65% YoY to N237.22 in Jan 2020 - NBS
  5. Average Fare Paid By Commuters For Bus Journey Intercity Increased By 0.91% MoM in February 2020
  6. Average Prices Of PMS, AGO, HHK and Cooking Gas - February 2020
  7. Headline Inflation Increases By 12.20% YoY In February 2020; 0.07% Higher Than January 2020 Rate
  8. FAAC Disburses N716.30bn in January 2020 - NBS
  9. FAAC Disburses N2.93trn to FG in 2019 - NBS
  10. Total Value of Capital Imported in Q4 2019 Stood At $3,802.38m - NBS
  11. FAAC Disburses N650.83bn in December 2019 - NBS
  12. Nigeria's Merchandise Trade Grew in Q4 2019; Imports Rose Faster Exceeding Falling Exports
  13. Nigeria's GDP Grew By 2.55% in Real Terms in Q4 2019 and 2.27% in Full Year 2019
  14. Average Prices of 1kg of Tomato Decreased By -10.65% YoY to N237.22 in Jan 2020 - NBS
  15. Average Prices Of PMS, AGO, HHK and Cooking Gas - January 2020
  16. Headline Inflation Increases By 12.13% YoY In January 2020; 0.15% Higher Than December 2019 Rate
  17. N293.80bn Generated as IGR in Q3 2019 - NBS
  18. Nigeria's Total Public Debt Stood At N26.14trn in Q3 2019 - NBS
  19. Average Intercity Fare Increases By 1.43% MoM To N1, 666.57 In December 2019
  20. Average Price of 1kg of Tomato Decrease YoY by -2.80% To N263.90 In December 2019
  21. All Commodity Group Index Grew By 2.48% in Q3 2019
  22. Average Prices Of PMS, AGO, HHK and Cooking Gas - December 2019
  23. Headline Inflation Increases By 11.98% YoY In December 2019; 0.13% Higher Than November 2019 Rate

 

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