The study looked at how stable Nigeria's financial sector is in terms of credit financing from 1990 to 2016. They found that credit financing and financial stability are connected, but Nigeria's financial system is currently unstable. This means that any problems in the financial sector won't be fixed quickly. The level of financial depth in Nigeria is also not helping to stabilize the financial sector. To make the financial system more stable, Nigeria needs stronger financial institutions and better adherence to credit policies by banks.