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Banks Loan Portfolio Rises by 44.2% to N32.47trn

Banks Loan Portfolio Rises by 44.2% to N32.47trn   Leading Deposit Money Banks quoted in the Nigerian Exchange Limited (NGX) have grown their loan portfolio by 44.23 percent in the nine months ended September 30, 2023. The banks include: Zenith Bank Plc, FBN Holdings Plc, Access Bank...

Bank Loans To Govt Increase By 23% In Nine Months, Now N2.1trn

Bank Loans To Govt Increase By 23% In Nine Months, Now N2.1trn   Bank loans to government have risen by 22.59 per cent, hitting N2.17tn as of the end of September 2021 from N1.77tn recorded in December 2020. This represents a N400bn increase within the nine-month period. This...

Banks’ bad loans rise by 50% to N2.4tn

Banks’ bad loans rise by 50% to N2.4tn The economic challenges in the country made the level of non-performing loans in the Deposit Money Banks to rise by 50 per cent from N1.639tn in December 2016 to N2.424tn by September this year, according to the...