Non-performing loans reached 6.83 USD bil in 2016 in Nigeria, according to the National Central Bank. This is 109 % more than in the previous year.
Historically, non-performing loans in Nigeria reached an all time high of 9.30 USD bil in 2010 and an all time low of 1.83 USD bil in 2012. When compared to Nigeria's main peers, non-performing loans in Cameroon amounted to 0.588 USD bil and 0.246 USD bil in Chad in 2016.
Nigeria has been ranked 22nd within the group of 90 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.