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Eleven Nigerian financial service providers (FSPs) reported to MIX Market for the quarter ending in December 2017. This quarter is characterized by a positive growth in Gross Loan Portfolio, Depositors and Deposits; however the Number of Borrowers recorded a slight decline. Read the Quarterly Factsheet for Nigeria. 

The Barometer Forecast is based on 7 institutions that responded to our survey and projected for the quarter ending in September 2017. These institutions represent 83% of the market by gross loan portfolio and 89% of the market by borrowers as of the fiscal year 2015.

Nigerian FSPs reported a decline in the borrower base whereas the loan portfolio saw a substantial growth during June 2017 quarter however, the risk levels did increase marginally. In terms of saving’s product both deposits and depositors reported a positive change.

Eight Nigerian financial service providers (FSPs) reported to MIX for the quarter ending 31st March 2017. The slowdown in Nigeria’s economy continued in the first quarter with the credit portfolio of the FSPs declining while deposits grew during the quarter.  

FSPs in Nigeria forecast higher growth in the borrowers as compared to loan portfolio, however, comparatively they are projecting to record more significant growth in the individual portfolio than at the country level.

Eight Nigerian FSPs reported to MIX Market for the quarter ending in March 2017. The slowdown in the Nigeria’s economy continued in the first quarter with credit portfolio of the FSPs reporting to decline whereas deposits for the FSPs present a positive movement during the quarter.  Read the full report: March 2017 Quarterly Factsheet for Nigeria

 

Nigerian FSPs reported significant growth during December 2016 quarter in loan portfolio and deposit, which was mostly lead by NBFIs and NGOs. However, the growth rate for borrowers and depositors decreased. Read the full report: December 2016 Quarterly Factsheet for Nigeria

 

Five Nigerian FSPs covering 64% of the market by loan portfolio and 83% by borrower level have responded to the Barometer Forecast survey providing projections for the quarter ending in March 2017.

In recent years, we have seen a proliferation of data in the field of financial inclusion, in part generated through the advent of new technologies (mapping and georeferencing among them), and thanks to an infusion of crucial investments. Well-calibrated policy choices depend on such data, but the link between policy and information comes in the form of analysis that transforms data into applicable knowledge.