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Non-Performing Loans (Local Currency) in Nigeria

Source: Central Bank of Nigeria, Nigeria Deposit Insurance Corporation (Data for commercial banks only), IMF
Last Updated: July 24, 2023

Non-performing loans reached NGN 1,234 bil in 2020 in Nigeria, according to the National Central Bank. This is 16.4% more than in the previous year.

Historically, non-performing loans in Nigeria reached an all time high of NGN 2,363 bil in 2017 and an all time low of NGN 286 bil in 2012.

Nigeria has been ranked 10th within the group of 70 countries we follow in terms of non-performing loans.

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