Friday, May 31, 2019  09:30PM / NBS

A total volume of  557,083,712 transactions valued at N34.02trn were recorded in Q1 2019 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. 

NIBSS Instant Payments (NIP) transactions dominated the volume of transactions recorded. 232,816,102 volume of NIP transactions valued at N24.17trn were recorded in Q1 2019. 

In terms of credit to private sector, the total value of credit allocated by the bank stood at N15.21trn as at Q1 2019. Oil & Gas and Manufacturing sectors got credit allocation of N3.49trn and N2.23trn to record the highest credit allocation as at the period under review. 

As at Q1, 2019, the total number of banks' staff increased by 0.33% QoQ from 104,669 in Q4 2018 to 105,017.

Click Here to Download Q1 2019Selected Banking Sector Data PDF Report

Latest 2019 NBS Reports 

Q2 2019

1.       NBS Publishes Additional 11 States Nominal GDP From 2013 to 2017

2.      N289.04bn Generated as VAT in Q1 2019 - NBS

3.      4.87bn Litres of PMS Imported in Q1 2019 - NBS

4.      FAAC Disburses N617.57bn in April 2019 - NBS

5.      Average Price of 1kg of Tomato Increased by 7.05% MoM to N257.25 in April 2019 - NBS

6.      Average Fare For Bus Journey Intercity Increased By 0.77% MoM to N1604.36 in April 2019 - NBS

7.      Nigeria’s GDP Grew By 2.01% YoY In Real Terms In Q1 2019

8.     Headline Inflation Increases By 11.37% YoY in April 2019; 0.12% Higher Than March 2019 Rate

9.      Average Prices of PMS, AGO, HHK and Cooking Gas – April 2019

10.  N3.42m Students Enrolled in Public Senior Secondary School in 2017 - NBS

11.   N324.59bn Generated as IGR in Q4 2018 - NBS

12.  Akwa Ibom State Reports Highest Unemployment Rate of 37.7% in Q3 2018 - NBS

13.  316,365kg of Drug Seized in 2018 - NBS

14.  Average Price of 1kg of Tomato Decreased By 6.32% MoM to N240.29 in March 2019 - NBS

15.   Average Fare Paid By Commuters Intercity Increased By 2.85% MoM to N1,592.07 in March 2019 - NBS

16.  Headline Inflation Increases By 11.25% YoY in March 2019; 0.06% Lower Than February 2019 Rate

17.   Average Prices of PMS, AGO, HHK and Cooking Gas – March 2019

18.  FAAC Disburses N619.86bn in March 2019

19.  Domestic Passenger Traffic Grew By 23.19% YoY in 2018 - NBS

20. Lagos State Has The Highest Debt Profile in 2018 - NBS

21.  1.65m Applications Received By JAMB in 2018 - NBS

22. FAAC Disburses N660.37bn in February 2019

23. Nigeria Produced 55.81m Tonnes of Solid Minerals in 2018 - NBS

Q1 2019

24. 8.41m Workers Are Registered Under The Pension Scheme As At Q42018 - NBS

25.  Average Price of 1kg of Yam Tuber Decreased By -2.24% MoM to N206.48 in February 2019 - NBS

26. All Region Terms of Trade Fell -2.78% Due to a Fall in the Prices of Goods Traded in Africa - NBS

27.  Average Fare Paid By Commuters Within City Increased By 1.43% MoM to N177.57 in February 2019 - NBS

28. Headline Inflation Increases By 11.31% YoY in February 2019; 0.06% Lower Than January 2019 Rate

29. Average Prices of PMS, AGO, HHK and Cooking Gas – February 2019

30. Active Voice Subscribers Grew By 6.66% in Q4 2018 - NBS

31.  2,532 Road Traffic Crashes Occurred in Q4 2018 - NBS

32. Total Trade Declined By 5.1% QoQ in Q4 2018; Rose By 42.9% YoY

33. GDP By Income and Expenditure Approach Q1 and Q2 2018 - Household Final Consumption Grew by 0.78%

34. 1.67m Customers Metered As At Q4 2018 - NBS

35.  N298.01bn Generated as VAT in Q4 2018 - NBS

36. Total Value of Credit Allocated By Banks Stood At N15.13trn As At Q4 2018 - NBS

37.  Average Price of 1kg of Tomato Decreased By 2.39% YoY To N265.49 in January 2019 - NBS

38. FAAC Disburses N649.19bn in January 2019

39. Average Intercity Bus Fare Decreased By -13.90% MoM To N1,541.38 in January 2019

40. Headline Inflation Increases By 11.37% YoY in January 2019; 0.07% Lower Than December 2018 Rate

41.  Average Prices of PMS, AGO, HHK and Cooking Gas – January 2019

42. Total Value of Capital Importation into Nigeria Stood at $16,812.47m in 2018 – NBS

43. Nigeria’s GDP Grew By 2.38% YoY in Real Terms in Q4 2018 and 1.93% in Full Year

44. 828,502 Employees Employed By 1,110 Registered Private Guard Companies in 2018 - NBS

45.  States Generate N264.38bn as IGR in Q3 2018 - NBS

46. NBS Publishes Drug Use in Nigeria 2018 Survey Report

47.  FAAC Disburses N3.19trn To FG in 2018 - NBS

48. FAAC Disburses N2.38trn To FG in 2017 - NBS

49. FAAC Disburses N812.76bn in December 2018 - NBS

50. Average Price of 1kg of Tomato Decreased By -7.76% MoM To N294.36

51.   Average Within City Bus Journey Fare Decreased By -5.64% MoM To N181.61

52.  Headline Inflation Increases By 11.44% YoY in December 2018; 0.16% Higher Than November 2018 Rate