Consumer Lending in Nigeria

Consumer Lending in Nigeria

  • December 2020 •
  • 15 pages •
  • Report ID: 5256114 •
  • Format: PDF
The impact of COVID-19 on consumer lending in Nigeria cannot be overstated as the local economy was impacted by recession following various lockdown measures, resulting in rising unemployment and decreasing disposable incomes. Mainstream financial service providers were already apprehensive about lending at the beginning of 2020, with most banks not meeting the 65% loan-to-deposit ratio with various sanctions being imposed by the Central Bank of Nigeria.

Consumer Lending in Nigeria report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage:
Consumer Credit, Mortgages/Housing.

Data coverage:
market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Consumer Lending market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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