Selected Banking Sector Data: Sectorial Breakdown of Credit, epayment Channels and Staff Strength

Transcription

1 Selected Banking Sector Data: Sectorial Breakdown of Credit, epayment Channels and Staff Strength (Q1 2018) Report Date: May 2018 Data Source: National Bureau of Statistics (NBS)

2 Contents Executive Summary 1 Banking Sector Credit to Private Sector 2 Electronic Payment Channels In The Nigeria Banking Sector 6 Banking Sector Deposits Break Down 13 Staff Strength in the Banking Sector 17 Net Domestic Credit Breakdown 18 Appendix Methodology Acknowledgements and Contacts

3 Executive Summary A total volume of 457,226,406 transactions valued at N32.48 trn were recorded in Q as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 212,370,853 volume of ATM transactions valued at N1,568 bln were recorded in Q In terms of credit to private sector, the total value of credit allocated by the bank stood at N15.60 as at Q Oil & Gas and Manufacturing sectors got credit allocation of N3.42trn and N2.07 trn to record the highest credit allocation as at the period under review. As at Q1, 2018, the total number of banks' staffs decreased by -0.93% from 90,453 in Q to 89,608. 1

4 Banking Sector Credit to Private Sector AGRICULTURE N501, % Agriculture INDUSTRY N10, % Mining & Quarrying N2,073, % Manufacturing N3,420, % Oil & Gas N426, % Power and Energy 2

5 G O V E R N M E N T Banking Sector Credit to Private Sector SERVICES N647, % Construction N1,054, % Trade/General Commerce N1,411, % Government N784, % Real Estate N999, % Finance, Insurance and Capital Market 3

6 Banking Sector Credit to Private Sector SERVICES N73, % Education N1,207, % Oil & Gas N302, % Power and Energy N1,148, % General N865, % Information & Communication 4

7 Banking Sector Credit to Private Sector SERVICES N291, % Transportation & Storage N384, % Others TOTAL CREDIT N15,604, % Total QUARTER ON QUARTER GROWTH RATE % = (0.86) 5

8 Electronic Payment Channels In The Nigeria Banking Sector CHEQUES Q (Volume) 2,476,109 Q (Value N'Bil) N1,316,890,045,699 (Volume) 885,166 Feb-18 (Volume) 784,659 Mar-18 (Volume) 806,284 (Value N'Bil) N449,252,355, Feb-18 (Value N'Bil) N426,910,391, Mar-18 (Value N'Bil) N440,727,298, ATM Q (Volume) 212,370,853 Q (Value N'Bil) N1,568,949,120,388 (Volume) 69,370,277 Feb-18 (Volume) 66,329,905 Mar-18 (Volume) 76,670,671 (Value N'Bil) N516,363,441, Feb-18 (Value N'Bil) N484,963,158, Mar-18 (Value N'Bil) N567,622,520,

9 Electronic Payment Channels In The Nigeria Banking Sector POS Q (Volume) 53,562,765 Q (Value N'Bil) N474,731,342,407 (Volume) 16,102,962 Feb-18 (Volume) 16,731,362 Mar-18 (Volume) 20,728,441 (Value N'Bil) N152,099,692, Feb-18 (Value N'Bil) N144,876,032, Mar-18 (Value N'Bil) N177,755,617, WEB Q (Volume) 9,634,256 Q (Value N'Bil) N60,742,354,767 (Volume) 3,181,510 Feb-18 (Volume) 3,072,375 Mar-18 (Volume) 3,380,371 (Value N'Bil) N21,359,309, Feb-18 (Value N'Bil) N19,027,486, Mar-18 (Value N'Bil) N20,355,559,

10 Electronic Payment Channels In The Nigeria Banking Sector MOBILE PAYMENTS Q (Volume) 15,253,299 Q (Value N'Bil) N329,115,761,422 Jan -18 (Volume) 4,368,244 (Volume) 4,777,447 (Volume) 6,107,608 Jan -18 (Value N'Bil) N102,830,379, Feb-18 (Value N'Bil) N102,705,168, (Value N'Bil) N123,580,213, NIP Q (Volume) 139,790,345 Q (Value N'Bil) N17,802,216,863,109 (Volume) 41,021,420 Feb-18 (Volume) 43,863,265 Mar-18 (Volume) 54,905,660 (Value N'Bil) N5,749,285,923,678 Feb-18 (Value N'Bil) N5,601,943,795, Mar-17 (Value N'Bil) N6,450,987,143,

11 Electronic Payment Channels In The Nigeria Banking Sector NEFT Q (Volume) 8,814,198 Q (Value N'Bil) N3,684,063,292,664 (Volume) 3,101,976 Feb-18 (Volume) 3,110,417 Mar-18 (Volume) 2,601,805 (Value N'Bil) N1,377,882,768, Feb-18 (Value N'Bil) N1,163,990,864, Mar-18 (Value N'Bil) N1,142,189,658, m-cash Q (Volume) 48,240 Q (Value N'Bil) N411,210,891 (Volume) Feb-18 (Volume) 14,848 Mar-18 (Volume) 21,610 (Value N'Bil) N124,958, Feb-18 (Value N'Bil) N126,213, Mar-18 (Value N'Bil) N160,039,

12 Electronic Payment Channels In The Nigeria Banking Sector EBILLSPAY Q (Volume) 245,473 Q (Value N'Bil) N125,925,463,535 (Volume) 87, Feb-18 (Volume) 78,860 Mar-18 (Volume) 79,537 (Value N'Bil) N43,206,251, Feb-18 (Value N'Bil) N41,818,977, Mar-18 (Value N'Bil) N40,900,234, REMITA Q (Volume) 10,980,369 Q (Value N'Bil) N5,328,494,109,615 (Volume) 3,439,705 Feb-18 (Volume) 3,779,520 Mar-18 (Volume) 3,761,144 (Value N'Bil) N1,519,416,547, Feb-18 (Value N'Bil) N2,105,011,681, Mar-18 (Value N'Bil) N1,704,065,879,

13 Electronic Payment Channels In The Nigeria Banking Sector NAPS Q (Volume) 3,878,630 Q (Value N'Bil) N1,784,018,273,937 (Volume) 1,015, Feb-18 (Volume) 1,261, Dec-18 (Volume) 1,600, (Value N'Bil) N538,980,648, Feb-18 (Value N'Bil) N616,894,003, Dec-18 (Value N'Bil) N628,143,621, CENTRAL PAY Q (Volume) 171,869 Q (Value N'Bil) N2,198,268,367 (Volume) 56, Feb-18 (Volume) 55, Mar-18 (Volume) 59, (Value N'Bil) N763,071, Feb-18 (Value N'Bil) N706,817, Mar-18 (Value N'Bil) N728,379,

14 Electronic Payment Channels In The Nigeria Banking Sector TOTAL Q (Volume) 461,980,541 Q (Value N'Bil) N29,439 (Volume) 140,179,748 Feb-18 (Volume) 159,486,988 Mar-18 (Volume) 162,313,805 (Value N'Bil) N9, Feb-18 (Value N'Bil) N9, Mar-18 (Value N'Bil) N10,

15 Banking Sector Deposits Break Down DEMAND, TIME & SAVINGS DEPOSITS Demand Deposits Provisional () N9,191,995.8 Provisional (Feb-18) N9,159,879.7 Provisional (Mar-18) N9,244,225.9 Private Sector Deposits at Central Bank of Nigeria Provisional () N2,784,059.1 Provisional (Feb-18) N2,547,499.1 Provisional (Mar-18) N2,658,479.0 Private Sector Deposits at Commercial Banks Provisional () N6,370,930.7 Provisional (Feb-18) N6,586,803.4 Provisional (Mar-18) N6,567,

16 Banking Sector Deposits Break Down Private Sector Deposits at Merchant Banks Provisional () N37,005.9 Provisional (Feb-18) N25,577.2 Provisional (Mar-18) N18,312.4 Private Sector Deposits at Non Interest Banks Provisional () N0.0 Provisional (Feb-18) N0.0 Provisional (Mar-18) N0.0 14

17 Banking Sector Deposits Break Down Time and Savings Deposits of: Provisional () N13,051,972.0 Provisional (Feb-18) N13,288,230.5 Provisional (Mar-18) N13,390,445.8 Commercial Banks Provisional () N12,755,006.8 Provisional (Feb-18) N12,952,473.2 Provisional (Mar-18) N13,032,466.4 Of Which: Foreign Currency Deposit Provisional () N4,392,315.6 Provisional (Feb-18) N4,493,762.4 Provisional (Mar-18) N4,547,

18 Banking Sector Deposits Break Down Merchant Banks Provisional () N224,137.2 Provisional (Feb-18) N261,520.6 Provisional (Mar-18) N285,151.4 Of Which: Foreign Currency Deposit Provisional () N7,090.2 Provisional (Feb-18) N14,661.7 Provisional (Mar-18) N17,575.5 Other Private Sector Deposits at Non Interest Banks Provisional () N72,828.0 Provisional (Feb-18) N74,236.8 Provisional (Mar-18) N72,828.0 Of Which: Foreign Currency Deposit Provisional () N1,280.4 Provisional (Feb-18) N1,311.6 Provisional (Mar-18) N1,

19 Staff Strength in the Banking Sector Q Q ,483 Q Q ,826 Q Q ,420 Q Q ,568 Q Q ,941 Q on Q growth % Q on Q growth % 2.25 Executive Staff Senior Staff Junior Staff Contract Staff Q ,202 Q ,237 Q ,783 Q ,837 Q ,191 Q ,032 Q ,338 Q ,359 Q ,444 Q ,013 Q on Q growth % (2.16) Q on Q growth % (1.07) TOTAL Q Q Q Q Q Q on Q growth % 77,096 75,607 82,840 90,453 89,608 (0.93) 17

20 Dmbs Staff Strength (march 2018) CBs 183 CBs 16,713 MBs 16 MBs 164 NIB 11 NIB 64 DMBs TOTAL 210 DMBs TOTAL 16,941 Executive Staff Senior Staff Junior Staff Contract Staff CBs 39,845 CBs 31,700 MBs 258 MBs 29 NIB 341 NIB 284 DMBs TOTAL 40,444 DMBs TOTAL 32,013 TOTAL CBs MBs NIB DMBs TOTAL 88, ,608 18

21 Net Domestic Credit Breakdown DOMESTIC CREDIT (NET) N25,846,385.8 Feb-18 N26,909,597.1 Mar-18 N26,267,136.5 CLAIMS ON FEDERAL GOVERNMENT (NET) N3,857,432.9 Feb-18 N4,288,313.4 Mar-18 N3,823,345.4 Monetary Authorities Commercial Banks Merchant Banks Non Interest Banks N243,956.9 N3,357,327.4 N256, N556,146.7 N3,448,011.5 N284, N536,524.5 N3,087,696.8 N199,

22 Net Domestic Credit Breakdown Memo: Claims on Federal Government (net) less FMA Memo: Federation and Mirror Accounts (FMA) MA:Claims on Federal Government N6,066,209.7 N6,205,927.6 N5,433,209.4 N-2,208,776.8 N-1,917,614.2 N-1,609,864.0 N2,452,733.7 N2,473,760.9 N2,146,

23 Net Domestic Credit Breakdown CLAIMS ON PRIVATE SECTOR N21,988,952.8 Feb-18 N22,621,283.7 Mar-18 N22,443,791.1 Monetary Authorities Commercial Banks Merchant Banks Non Interest Banks N5,791,965.2 N15,982,353.7 N167,898.1 N46,735.7 N6,227,012.3 N16,175,380.5 N170,607.8 N48,283.1 N6,338,775.2 N15,872,657.7 N185,622.5 N46,

24 Net Domestic Credit Breakdown CLAIMS ON STATE AND LOCAL GOVTS: Feb-18 Mar-18 N1,563,702.2 N1,556,872.2 N1,581,916.8 Monetary Authorities Commercial Banks Merchant Banks Non Interest Banks N598,115.0 N953,427.0 N6,148.8 N6,011.4 N606,515.0 N937,031.6 N6,748.4 N6,577.2 N606,515.0 N962,570.7 N6,819.7 N6,

25 Net Domestic Credit Breakdown CLAIMS ON NON-FINANCIAL PUBLIC ENTERPRISES: Feb-18 Mar-18 N27,524.4 N273,548.1 N347,014.2 Monetary Authorities Commercial Banks Merchant Banks Non Interest Banks N27, N273, N347,

26 Net Domestic Credit Breakdown CLAIMS ON OTHER PRIVATE SECTOR: Feb-18 Mar-18 N20,397,726.2 N20,790,863.3 N20,514,860.0 Monetary Authorities Commercial Banks Merchant Banks Non Interest Banks N5,166,325.8 N15,028,926.7 N161,749.3 N40,724.4 N5,346,949.2 N15,238,348.9 N163,859.4 N41,705.9 N5,385,245.9 N14,910,086.9 N178,802.8 N40,

27 Banking Sector Credit to Private Sector Q Quarter-Year Agriculture Industry Agriculture Mining & Quarrying Manufacturing Oil & Gas Power and Energy Construction Trade/General Commerce Government Real Estate Finance, Insurance and Capital Market Education Oil & Gas Power and Energy General Q , , ,878, ,153, , , ,250, , , , , ,073, , ,472, , , , ,357, Q , , ,909, ,058, , , ,058, , , , , ,147, , ,859, , , , ,433, Q , , ,958, ,241, , , ,029, , , , , ,212, , ,288, , , , ,013, (3.12) Q , , ,736, ,272, , , , , , , , ,155, , ,390, , , , ,086, Q , , ,862, ,237, , , , ,230, , , , ,032, , ,295, , , , ,207, Q , , ,058, ,366, , , ,020, ,384, , , , ,136, , ,326, , , , ,537, Q , , ,130, ,647, , , , ,366, , , , ,200, , ,390, , , , ,185, Q , , ,215, ,587, , , , ,361, , , , ,267, , ,314, , , , ,117, (0.42) Q , , ,142, ,575, , , , ,369, , , , ,296, , ,278, , , , ,002, (0.71) Q , , ,216, ,528, , , , ,367, , , , ,090, , ,282, , , , ,710, (1.82) Q , , ,267, ,542, , , , ,369, , , , ,141, , ,287, , , , ,825, Q , , ,171, ,576, , , ,023, ,391, , ,125, , ,161, , ,037, , , , ,740, (0.54) Q , , ,073, ,420, , , ,054, ,411, , , , ,207, , ,148, , , , ,604, (0.86) Banking Sector Credit to Private Sector Sectoral Share as a Q Services Information & Communication Transportation & Storage Others Quarter on Quarter Growth Rate % Quarter-Year Agriculture Mining & Quarrying Manufacturing Oil & Gas Power and Energy Construction Trade/General Commerce Government Real Estate Finance, Insurance and Capital Market Education Oil & Gas Power and Energy General Information & Communication Transportation & Storage Others Q Q Q Q Q Q Q Q Q Q Q Q

28 DATA ON ALL PAYMENTS CHANNELS FOR JANUARY MARCH 2018 CHEQUES NEFT ATM POS INTERNET (WEB) MOBILE PAYMENTS NIP m-cash EBILLSPAY REMITA NAPS CENTRAL PAY TOTAL E-PAYMENT CHANNELS Month Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) Volume Value (? ) January , ,384,832, ,552,576 1,003,806,621, ,086, ,482,689, ,946,772 91,291,930, ,812,915 16,446,084, ,168,313 75,357,853, ,061,454 4,087,838,657, , , ,200,381, ,230, ,814,416, , ,177,422, , ,603, ,306,595 7,419,111,495,640 February , ,496,373, ,712, ,052,711, ,147, ,850,076, ,606,875 90,201,364, ,773,697 15,479,203, ,440,834 87,940,378, ,071,365 4,337,586,186,807 1,098 3,863, , ,546,225, ,823,957 1,047,492,744, , ,307,169, , ,908, ,050,258 7,681,210,343,823 March , ,214,908, ,513,253 1,176,161,415, ,731, ,724,172, ,093, ,484,005, ,933,446 14,648,719, ,000,559 97,291,134, ,524,737 4,702,492,271,879 2,451 8,332, , ,276,792, ,747,831 1,513,375,005, , ,717,556, , ,333, ,342,547 8,990,664,313, Q1 2,650,534 1,479,096,114,574 5,778,127 3,087,020,748, ,964,710 1,502,056,938,190 26,646, ,977,300,380 5,520,058 46,574,007,318 12,609, ,589,367,207 69,657,556 13,127,917,116,544 4,295 12,987, , ,023,399, ,802,150 3,551,682,166,797 1,719, ,202,149, , ,845, ,699,400 24,090,986,153,325 April , ,294,191, ,524, ,831,162, ,558, ,749,189, ,420, ,836,411, ,155,852 13,151,653, ,672,247 91,561,729, ,295,727 4,264,592,391,356 3,641 11,668, , ,905,338, ,663, ,867,597, , ,409,873, , ,783, ,696,363 7,658,646,321,823 May , ,097,925, ,158,906 1,012,819,927, ,939, ,587,224, ,133, ,632,821, ,020,671 12,632,500, ,901, ,302,896, ,069,317 4,759,367,141,201 5,667 24,045, , ,151,720, ,045,035 1,469,720,484, ,046, ,704,282, , ,509, ,426,270 8,758,475,435,720 June , ,994,304, ,417,291 2,031,646,547, ,307, ,893,023, ,220, ,662,311, ,788,583 11,308,643, ,985,563 84,371,501, ,458,092 4,339,312,152,906 5,539 38,620, , ,352,984, ,243, ,615,492, , ,501,653, , ,864, ,224,600 8,911,972,099, Q2 2,647,497 1,302,386,422,255 7,101,045 3,963,297,637, ,805,431 1,544,229,437,988 32,774, ,131,544,779 5,965,106 37,092,797,864 11,559, ,236,127,011 80,823,136 13,363,271,685,464 14,847 74,334, , ,410,043, ,951,623 3,367,203,574,558 2,402, ,615,808, ,201 1,180,157, ,347,233 25,329,093,857,162 July , ,258,499, ,682,275 1,048,858,920, ,305, ,091,567, ,737, ,575,095, ,058,835 13,463,090, ,895,102 86,221,006, ,245,783 4,579,722,540,151 5,616 38,768, , ,064,710, ,037, ,272,801, , ,734,996, , ,305, ,923,085 8,225,661,532,000 August ,009, ,401,347, ,653,603 1,199,437,138, ,810, ,810,821, ,276, ,395,450, ,548,944 16,407,346, ,872,831 78,691,046, ,150,763 4,931,435,251,372 5,584 37,131, , ,058,900, ,194,725 1,030,985,695, ,437, ,382,520, , ,907, ,051,896 8,998,392,427,233 September , ,009,489, ,749,505 1,508,891,665, ,970, ,852,891, ,295, ,579,344, ,158,004 15,707,215, ,595,147 74,443,995, ,134,305 4,451,501,874,416 6,187 42,953, , ,174,617, ,241, ,433,806, ,110, ,386,735, , ,944, ,217,145 8,590,393,580, Q3 2,831,252 1,308,669,336,691 7,085,383 3,757,187,724, ,086,729 1,558,755,280,219 39,310, ,549,890,051 7,765,783 45,577,651,948 11,363, ,356,047,611 97,530,851 13,962,659,665,940 17, ,852, , ,298,228, ,474,458 2,963,692,303,495 3,462, ,484,504,252, ,590 1,197,157, ,192,126 25,814,447,539,604 October , ,602,990, ,586,572 1,495,856,622, ,140, ,009,921, ,052, ,393,323, ,208,724 16,628,383, ,937,837 88,267,154, ,853,838 4,848,503,103,250 9,818 77,202, , ,842,791, ,191,685 1,002,307,906, ,148, ,512,028, , ,514, ,179,748 9,141,426,738,741 November , ,569,706, ,282,273 1,302,831,384, ,928, ,980,230, ,425, ,182,013, ,255,470 20,034,890, ,825,970 95,888,734, ,026,062 5,373,168,150,891 14, ,770, , ,697,362, ,602,892 1,059,755,761, ,098, ,859,854, , ,871, ,486,988 9,762,677,961,540 December , ,585,141, ,201,224 1,340,269,762, ,622, ,560,594, ,057, ,579,019, ,275,956 18,688,898, ,508, ,661,543, ,979,229 5,490,146,590,770 16, ,787, , ,478,966, ,683,456 1,584,853,802, ,067, ,654,994, , ,299, ,313,805 10,535,039,615, Q4 2,679,700 1,291,757,838,148 11,070,069 4,138,957,769, ,692,229 1,832,550,746,351 47,535, ,154,356,398 9,740,150 55,352,172,797 12,272, ,817,432,727122,859,129 15,711,817,844,911 41, ,760, , ,019,120, ,478,033 3,646,917,470,558 4,314, ,888,026,877, ,056 1,772,685, ,980,541 29,439,144,315,326 January , ,252,355, ,101,976 1,377,882,768, ,370, ,363,441, ,102, ,099,692, ,181,510 21,359,309, ,368, ,830,379, ,021,420 5,749,285,923, ,958, , ,206,251, ,439,705 1,519,416,547, ,015, ,980,648, , ,071, ,642,841 10,471,565,348,371 February , ,910,391, ,110,417 1,163,990,864, ,329, ,963,158, ,731, ,876,032, ,072,375 19,027,486, ,777, ,705,168, ,863,265 5,601,943,795, , ,213, ,860 41,818,977, ,779,520 2,105,011,681, ,261, ,894,003, , ,817, ,859, ,708,974,591, March , ,727,298, ,601,805 1,142,189,658, ,670, ,622,520, ,728, ,755,617, ,380,371 20,355,559, ,107, ,580,213, ,905,660 6,450,987,143, , ,039, ,537 40,900,234, ,761,144 1,704,065,879, ,600, ,143,621, , ,379, ,723, ,297,216,167, Q1 2,476,109 1,316,890,045,699 8,814,198 3,684,063,292, ,370,853 1,568,949,120,388 53,562, ,731,342,407 9,634,256 60,742,354,767 15,253, ,115,761,422139,790,345 17,802,216,863,109 48, ,210, , ,925,463,535 10,980,369 5,328,494,109,615 3,878,630 1,784,018,273, ,869 2,198,268, ,226, ,477,756,106,802 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Q ,743, ,881,206,250 3,264,874 1,910,859,333, ,233, ,332,765,942 16,553, ,493,295,361 3,586,612 31,925,288,053 8,609, ,298,232,493 44,132,819N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Q ,305,386 2,396,605,214,832 9,816,228 5,182,013,325, ,254,342 2,560,530,300,207 47,160, ,297,717,001 9,609,356 74,374,379,895 20,282, ,442,230,963119,478,020N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Q ,547,650 2,198,478,652,574 12,677,242 7,007,764,112, ,052,817 2,588,709,686,209 55,128, ,426,677,957 9,774,360 61,033,942,414 19,445, ,910,524,978137,350,545N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Q ,831,252 1,308,669,336,691 7,085,383 3,757,187,724, ,086,729 1,558,755,280,219 39,310, ,549,890,051 7,765,783 45,577,651,948 11,363, ,356,047,611 97,530,851N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 2017Q1 2,650,534 1,479,096,114,574 5,778,127 3,087,020,748, ,964,710 1,502,056,938,190 26,646, ,977,300,380 5,520,058 46,574,007,318 12,609, ,589,367,207 69,657,556 13,127,917,116, ,023,399,073 3,551,682,166, ,202,149, ,845,208 4, ,987, ,165 9,802,150 1,719,903 60, ,699,400 24,090,986,153, Q2 2,647,497 1,302,386,422,255 7,101,045 3,963,297,637, ,805,431 1,544,229,437,988 32,774, ,131,544,779 5,965,106 37,092,797,864 11,559, ,236,127,011 80,823,136 13,363,271,685,464 14, ,334, , ,410,043,206 8,951,623 3,367,203,574,558 2,402, ,615,808,976 75, ,180,157, ,347,233 25,329,093,857, Q3 2,831,252 1,308,669,336,691 7,085,383 3,757,187,724, ,086,729 1,558,755,280,219 39,310, ,549,890,051 7,765,783 45,577,651,948 11,363, ,356,047,611 97,530,851 13,962,659,665,940 17, ,852, , ,298,228,322 9,474,458 2,963,692,303,495 3,462,739 1,484,504,252,980 91, ,197,157, ,192,126 25,814,447,539, Q4 2,679,700 1,291,757,838,148 11,070,069 4,138,957,769, ,692,229 1,832,550,746,351 47,535, ,154,356,398 9,740,150 55,352,172,797 12,272, ,817,432,727122,859,129 15,711,817,844,911 41, ,760, , ,019,120,943 11,478,033 3,646,917,470,558 4,314,370 1,888,026,877, , ,772,685, ,980,541 29,439,144,315, Q1 2,476,109 1,316,890,045,699 8,814,198 3,684,063,292, ,370,853 1,568,949,120,388 53,562, ,731,342,407 9,634,256 60,742,354,767 15,253, ,115,761,422139,790,345 17,802,216,863,109 48, ,210, , ,925,463,535 10,980,369 5,328,494,109,615 3,878,630 1,784,018,273, ,869 2,198,268, ,226,406 32,477,756,106,802 Revised Revised Revised Revised Revised Revised Revised Provisional DEMMAND, TIME & SAVINGS DEPOSITS Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Demand Deposits 9,451, ,352, ,445, ,573, ,209, ,736, ,713, ,878,523.1 Private Sector Deposits at CBN 3,249, ,149, ,195, ,421, ,067, ,506, ,573, ,605,144.6 Private Sector Deposits at Commercial Banks 6,180, ,184, ,226, ,131, ,113, ,202, ,114, ,247,376.1 Private Sector Deposits at Merchant Banks 21, , , , , , , ,002.4 Private Sector Deposits at Non Interest Banks Time and Savings Deposits of: 12,269, ,113, ,153, ,069, ,952, ,790, ,790, ,874,338.0 Commercial Banks 12,096, ,895, ,942, ,832, ,709, ,530, ,544, ,616,882.4 Of Which: Foreign Currency Deposit 4,159, ,099, ,193, ,866, ,857, ,215, ,135, ,189,550.0 Merchant Banks 173, , , , , , , ,618.7 Of Which: Foreign Currency Deposit 9, , , , , , , ,225.7 Other Private Sector Deposits at Non Interest Banks 50, , , , , , , ,837.0 Of Which: Foreign Currency Deposit , , , , , ,210.8

29 NET DOMESTIC CREDIT BREAKDOWN JAN 2016-March 2018 Naira Million Revised Revised Revised Revised Revised Revised Revised Provisional Provisional Provisional Provisional Provisional Provisional Provisional Provisional Provisional Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Feb-18 Mar-18 DOMESTIC CREDIT (NET) 22,358, ,568, ,664, ,312, ,070, ,623, ,424, ,356, ,254, ,700, ,695, ,857, ,508, ,209, ,675, ,514, ,836, ,236, ,033, ,821, ,985, ,174, ,349, ,863, ,846, ,909, ,267,136.5 Claims on Federal Government (Net) 3,417, ,516, ,781, ,932, ,031, ,171, ,004, ,550, ,514, ,520, ,579, ,875, ,629, ,977, ,303, ,270, ,811, ,250, ,861, ,824, ,963, ,245, ,392, ,574, ,857, ,288, ,823,345.4 By Monetary Authorities -1,388, ,342, , , , ,185, ,466, ,052, ,275, ,177, , , , , , , , , , , , , , , , , ,524.5 By Commercial Banks 4,657, ,695, ,472, ,388, ,231, ,179, ,264, ,410, ,569, ,511, ,324, ,563, ,834, ,088, ,909, ,583, ,495, ,821, ,857, ,804, ,857, ,040, ,716, ,842, ,357, ,448, ,087,696.8 By Merchant Banks 148, , , , , , , , , , , , , , , , , , , , , , , , , , ,124.2 By Non Interest Banks Memo: Claims on Federal Government (net) less FMA 4,814, ,899, ,990, ,162, ,334, ,281, ,237, ,858, ,982, ,058, ,983, ,930, ,411, ,534, ,533, ,863, ,870, ,295, ,562, ,834, ,490, ,635, ,620, ,268, ,066, ,205, ,433,209.4 Memo: Federation and Mirror Accounts (FMA) -1,397, ,383, ,208, ,229, ,303, ,110, ,232, ,308, ,467, ,537, ,404, ,054, ,781, ,556, ,229, ,593, ,058, ,044, ,701, ,010, ,526, ,389, ,227, ,694, ,208, ,917, ,609,864.0 MA:Claims on Federal Government 8, , , , , , , ,255, ,192, ,359, ,476, ,163, ,397, ,282, ,420, ,086, ,172, ,277, ,508, ,816, ,389, ,338, ,669, ,273, ,452, ,473, ,146,388.5 Claims on Private Sector 18,940, ,052, ,883, ,379, ,039, ,452, ,419, ,806, ,739, ,180, ,116, ,982, ,878, ,231, ,371, ,244, ,025, ,985, ,172, ,997, ,021, ,928, ,956, ,289, ,988, ,621, ,443,791.1 By Monetary Authorities 5,212, ,302, ,166, ,610, ,252, ,402, ,531, ,003, ,044, ,396, ,332, ,298, ,339, ,665, ,792, ,730, ,662, ,692, ,871, ,580, ,532, ,541, ,712, ,869, ,791, ,227, ,338,775.2 By Commercial Banks 13,587, ,599, ,580, ,645, ,645, ,903, ,734, ,640, ,530, ,616, ,604, ,500, ,351, ,376, ,392, ,324, ,172, ,092, ,111, ,214, ,272, ,175, ,011, ,193, ,982, ,175, ,872,657.7 By Merchant Banks 111, , , , , , , , , , , , , , , , , , , , , , , , , , ,622.5 By Non Interest Banks 29, , , , , , , , , , , , , , , , , , , , , , , , , , ,735.7 Claims on State and Local Govts: 614, , , , , , , , , , , , ,037, ,034, ,089, ,108, ,192, ,180, ,210, ,237, ,257, ,242, ,594, ,494, ,563, ,556, ,581,916.8 By Monetary Authorities , , , , , , , , , , , , , , , , , , , , , , , ,515.0 By Commercial Banks 604, , , , , , , , , , , , , , , , , , , , , , , , , , ,570.7 By Merchant Banks 8, , , , , , , , , , , , , , , , , , , , , , , , , , ,819.7 By Non Interest Banks 1, , , , , , , , , , , , , , , , , , , , , ,011.4 Claims on Non-Financial Public Enterprises: 190, , , , , , , , , , , , , , , , , , , , , , , , , , ,014.2 By Monetary Authorities 190, , , , , , , , , , , , , , , , , , , , , , , , , , ,014.2 By Commercial Banks By Merchant Banks By Non Interest Banks Claims on Other Private Sector:* 18,135, ,078, ,044, ,093, ,122, ,403, ,336, ,490, ,560, ,755, ,816, ,967, ,812, ,998, ,000, ,799, ,712, ,772, ,890, ,684, ,737, ,652, ,334, ,766, ,397, ,790, ,514,860.0 By Monetary Authorities 5,022, ,015, ,996, ,999, ,050, ,055, ,164, ,431, ,552, ,660, ,732, ,972, ,973, ,127, ,131, ,975, ,046, ,163, ,269, ,974, ,967, ,969, ,094, ,251, ,166, ,346, ,385,245.9 By Commercial Banks 12,982, ,922, ,921, ,976, ,937, ,204, ,024, ,899, ,845, ,931, ,906, ,818, ,660, ,689, ,690, ,640, ,482, ,413, ,436, ,515, ,568, ,483, ,019, ,301, ,028, ,238, ,910,086.9 By Merchant Banks 102, , , , , , , , , , , , , , , , , , , , , , , , , , ,802.8 By Non Interest Banks 28, , , , , , , , , , , , , , , , , , , , , , , , , , ,724.4

30 Staff Strength in the Banking Sector Q Executive Staff Senior Staff Junior Staff Contract Staff Total Q Q Q Q Q Q on Q growth % ,483 19,826 20,420 16,568 16, ,202 33,783 35,191 41,338 40,444 (2.16) 20,237 21,837 27,032 32,359 32,013 (1.07) 77,096 75,607 82,840 90,453 89,608 (0.93) Q Q2, 2014 Q3, 2014 Q4, 2014 Q1, 2015 Q2, 2015 Q3, 2015 Q4, 2015 Q1, 2016 Q2, 2016 Q3, 2016 Q Q Q Q Q Staff Strength 70,960 80,950 80,865 84,358 83,898 76,471 81,682 79,418 81,122 78,563 82,470 77,096 75,607 82,840 90,453 89,608 Q on Q growth % DMBs STAFF STRENGTH (SEPTEMBER 2017) CBs MBs NIB DMBs Total Executive Staff Senior Staff 20, ,420 Junior Staff 34, ,191 Contract Staff 26, ,032 Totals 81, ,840 DMBs STAFF STRENGTH (DECEMBER 2017) CBs MBs NIB DMBs Total Executive Staff Senior Staff 16, ,745 Junior Staff 40, ,580 Contract Staff 32, ,394 Totals 89, ,923 DMBs STAFF STRENGTH (MARCH 2018) CBs MBs NIB DMBs Total Executive Staff Senior Staff 16, ,941 Junior Staff 39, ,444 Contract Staff 31, ,013 Totals 88, ,608 Note: CB = Commercial Banks; MBs = Merchant Banks; NIB = Non-Interest Banks; DMBs = Deposit Money Banks

31 Methodology Data is supplied administratively by the Central Bank of Nigeria (CBN) and verified and validated by the National Bureau of Statistics, Nigeria (NBS). 29

32 Acknowledgements/Contacts We acknowledge the contributions of our strategic partner the Central Bank of Nigeria and our technical partner, Proshare in the design, concept and production of this publication. Acknowledgements Contact NBSNigeria Head Office Address Plot 762,IndependenceAvenue,Central Business District,FCT, Abuja Nigeria