Uncovered non-performing loans as a share of bank loans reached 6.01% in third quarter of 2020 in Nigeria, according to the National Central Bank. This is 6.26% less than in the previous quarter.
Historically, uncovered non-performing loans as a share of bank loans in Nigeria reached an all time high of 3,650% in 3Q2014 and an all time low of 0.610% in 1Q2012.
Nigeria has been ranked 3rd within the group of 79 countries we follow in terms of uncovered non-performing loans as a share of bank loans.
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