| Product Code: ETC10180317 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Nigeria saw a significant increase in prepaid credit card import shipments, with top exporting countries being Malta, China, Malaysia, USA, and South Korea. The market concentration, as measured by the HHI, remained very high, indicating a competitive landscape dominated by a few key players. The industry experienced rapid growth with a remarkable CAGR of 60.1% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, showing a decrease of -33.58%. Overall, the prepaid credit card market in Nigeria is dynamic and evolving, presenting opportunities and challenges for both domestic and international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Prepaid Credit Card Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Prepaid Credit Card Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Prepaid Credit Card Market - Industry Life Cycle |
3.4 Nigeria Prepaid Credit Card Market - Porter's Five Forces |
3.5 Nigeria Prepaid Credit Card Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Prepaid Credit Card Market Revenues & Volume Share, By Usage Type, 2021 & 2031F |
3.7 Nigeria Prepaid Credit Card Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Nigeria Prepaid Credit Card Market Revenues & Volume Share, By Consumer Segment, 2021 & 2031F |
3.9 Nigeria Prepaid Credit Card Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Prepaid Credit Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Prepaid Credit Card Market Trends |
6 Nigeria Prepaid Credit Card Market, By Types |
6.1 Nigeria Prepaid Credit Card Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Prepaid Credit Card Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Prepaid Credit Card Market Revenues & Volume, By General Purpose, 2021 - 2031F |
6.1.4 Nigeria Prepaid Credit Card Market Revenues & Volume, By Reloadable, 2021 - 2031F |
6.1.5 Nigeria Prepaid Credit Card Market Revenues & Volume, By Non-reloadable, 2021 - 2031F |
6.1.6 Nigeria Prepaid Credit Card Market Revenues & Volume, By Virtual, 2021 - 2031F |
6.2 Nigeria Prepaid Credit Card Market, By Usage Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Prepaid Credit Card Market Revenues & Volume, By Online Shopping, 2021 - 2031F |
6.2.3 Nigeria Prepaid Credit Card Market Revenues & Volume, By In-store Purchases, 2021 - 2031F |
6.2.4 Nigeria Prepaid Credit Card Market Revenues & Volume, By Bill Payments, 2021 - 2031F |
6.2.5 Nigeria Prepaid Credit Card Market Revenues & Volume, By International Payments, 2021 - 2031F |
6.3 Nigeria Prepaid Credit Card Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Prepaid Credit Card Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Nigeria Prepaid Credit Card Market Revenues & Volume, By Digital Platforms, 2021 - 2031F |
6.3.4 Nigeria Prepaid Credit Card Market Revenues & Volume, By Bank Branches, 2021 - 2031F |
6.3.5 Nigeria Prepaid Credit Card Market Revenues & Volume, By Prepaid Networks, 2021 - 2031F |
6.4 Nigeria Prepaid Credit Card Market, By Consumer Segment |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Prepaid Credit Card Market Revenues & Volume, By Young Adults, 2021 - 2031F |
6.4.3 Nigeria Prepaid Credit Card Market Revenues & Volume, By Adults, 2021 - 2031F |
6.4.4 Nigeria Prepaid Credit Card Market Revenues & Volume, By Students, 2021 - 2031F |
6.4.5 Nigeria Prepaid Credit Card Market Revenues & Volume, By High-income Consumers, 2021 - 2031F |
6.5 Nigeria Prepaid Credit Card Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Prepaid Credit Card Market Revenues & Volume, By Travel, 2021 - 2031F |
6.5.3 Nigeria Prepaid Credit Card Market Revenues & Volume, By Gift Cards, 2021 - 2031F |
6.5.4 Nigeria Prepaid Credit Card Market Revenues & Volume, By Payroll, 2021 - 2031F |
6.5.5 Nigeria Prepaid Credit Card Market Revenues & Volume, By Corporate Use, 2021 - 2031F |
7 Nigeria Prepaid Credit Card Market Import-Export Trade Statistics |
7.1 Nigeria Prepaid Credit Card Market Export to Major Countries |
7.2 Nigeria Prepaid Credit Card Market Imports from Major Countries |
8 Nigeria Prepaid Credit Card Market Key Performance Indicators |
9 Nigeria Prepaid Credit Card Market - Opportunity Assessment |
9.1 Nigeria Prepaid Credit Card Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Prepaid Credit Card Market Opportunity Assessment, By Usage Type, 2021 & 2031F |
9.3 Nigeria Prepaid Credit Card Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Nigeria Prepaid Credit Card Market Opportunity Assessment, By Consumer Segment, 2021 & 2031F |
9.5 Nigeria Prepaid Credit Card Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Prepaid Credit Card Market - Competitive Landscape |
10.1 Nigeria Prepaid Credit Card Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Prepaid Credit Card Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |