Survey Reveals Growing Loan Demand in Nigeria as Banks Strengthen Balance Sheets

A recent survey in Nigeria reveals a surge in the appetite for loans as banks aim to rebuild their balance sheets. The Nigerian Deposit Money Banks are willing to extend credit to households and businesses to support stronger capital buffers and improve macroeconomic sentiment.

Despite elevated borrowing costs and rising credit risks, credit conditions have improved, with increased supply and demand for loans across major lending segments. The Central Bank of Nigeria's Q4 2025 credit condition survey indicates a growing willingness among banks to support economic activities, with increased availability of credit for both secured and unsecured corporate lending.

The survey also shows a rise in demand for consumer and corporate loans, reflecting a renewed interest in business expansion and operational financing.