Uncovered non-performing loans as a share of bank equity reached 2.57% in second quarter of 2023 in Nigeria, according to the National Central Bank. This is 136% more than in the previous quarter.
Historically, uncovered non-performing loans as a share of bank equity in Nigeria reached an all time high of 2,435% in 3Q2010 and an all time low of 0.167% in 3Q2021.
Nigeria has been ranked 82nd within the group of 110 countries we follow in terms of uncovered non-performing loans as a share of bank equity.
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