Non-performing loans as a share of bank loans reached 4.39% in second quarter of 2023 in Nigeria, according to the National Central Bank. This is 9.40% less than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Nigeria reached an all time high of 38.3% in 2Q2010 and an all time low of 2.96% in 4Q2014.
Nigeria has been ranked 37th within the group of 119 countries we follow in terms of non-performing loans as a share of bank loans.
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