Loan loss provisions reached NGN 778 bil in second quarter of 2016 in Nigeria, according to the National Central Bank. This is 17.4% more than in the previous quarter.
Historically, loan loss provisions in Nigeria reached an all time high of NGN 2,657 bil in 3Q2010 and an all time low of NGN 176 bil in 2Q2013.
Nigeria has been ranked 7th within the group of 62 countries we follow in terms of loan loss provisions.
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