Consumer Credit in the Nigerian Economy 1964-66

Authors

Research Department, Central Bank of Nigeria, Abuja

Publisher

Central Bank of Nigeria

Keywords

Central Bank of Nigeria, Consumer credit, Economy

Abstract

This article identifies consumer credits available in Nigeria 1944-1966. Two kinds of consumer credit are extended in Nigeria: one is instalment sales credit also referred to as 'hire-purchase'; the other is non-instalment credit which is normally granted through charge or service accounts.

Author Bio

The authors are staff of Research Department, Central Bank of Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

1

Volume

5

Recommended Citation

Research Department (1967). Consumer credit in the Nigerian economy 1964-66. Economic and Financial Review. 5(1), 4-11.