Python analysis of Nigerian banking & economic indicators (2010–2023) — pandas, matplotlib, World Bank data
# 🇳🇬 Nigerian Banking Sector & Economic Indicators Analysis (2010–2023)
> **Business Question:** How have key Nigerian banking and macroeconomic indicators evolved over the past decade — and what do the trends signal for financial analysts and business decision-makers?
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## 🗂 Project Overview
A Python-based exploratory data analysis of **14 years of Nigerian macroeconomic and banking sector data** (2010–2023), sourced from the **World Bank World Development Indicators (WDI)**. The analysis identifies structural patterns, crisis inflection points, and forward-looking risk signals — framed as actionable insights for financial analysts, investors, and business strategists operating in or with exposure to Nigeria.
| Metric | Value |
|---|---|
| Data Source | World Bank WDI (public dataset) |
| Period Covered | 2010 – 2023 (14 years) |
| Indicators Analysed | 6 macroeconomic & banking KPIs |
| Derived Features | 4 (GDP growth, real rate, FX depreciation, NPL YoY change) |
| Visualisations | 6 charts in one analytical dashboard |
| Output | PNG dashboard + console insights report |
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## 🔧 Tools & Libraries
```bash
pip install pandas numpy matplotlib seaborn
```
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## 📁 Repository Contents
```
nigeria-financial-analysis/
│
├── nigeria_financial_analysis.py # Full analysis script
├── nigeria_financial_analysis.png # Dashboard output (6 charts)
└── README.md
```
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## 📊 Indicators Analysed
| Indicator | Source | Why It Matters |
|---|---|---|
| GDP (current USD billions) | World Bank NY.GDP.MKTP.CD | Overall economic size and trajectory |
| Inflation rate (%) | World Bank FP.CPI.TOTL.ZG | Purchasing power and monetary stability |
| Lending interest rate (%) | World Bank FR.INR.LEND | Cost of capital for businesses |
| Non-performing loans ratio (%) | World Bank FB.AST.NPER.ZS | Banking sector health and credit risk |
| Credit to private sector (% GDP) | World Bank FS.AST.PRVT.GD.ZS | Business financing availability |
| Exchange rate (₦/USD) | …