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Tag: Banks Non-performing Loans

Banks’ Non-performing loans Rise To N1.5trn

Banks’ Non-performing loans Rise To N1.5trn       The non-performing loans in the banking sector rose by N333bn as of the end of the third quarter of 2020 to N1.5tn at the end of 2020. These were as by statistics obtained by our correspondent from the Central Bank...

Banks’ Non-performing Loans Now N1.17trn – NBS

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...

Despite COVID-19, Banks’ Non-performing Loans Drop

Despite COVID-19, Banks’ Non-performing Loans Drop       Against the backdrop of the economic impact of Coronavirus (COVID-19) pandemic, the value of non-performing loans, NPLs, in Nigeria’s banking industry rose marginally by 3.0 percent to N1.21 trillion in the second quarter of 2020 (Q2’20) from N1.18 trillion...

Banks’ Non-performing Loans Up N1.676trn

Banks’ Non-performing Loans Up N1.676trn Banking sector’s non-performing loans stood at N1.676trn as of the end of March 2019, latest statistics from the National Bureau of Statistics revealed. The gross loans recorded in the banking sector stood at N15.480trn, while the loans after specific provisions stood...

Banks Non-performing Loans Hit N1.79tn In 2018

Banks Non-performing Loans Hit N1.79tn In 2018 The total amount of non-performing loans of Nigerian banks for the year 2018 hit N1.79tn. Figures obtained from the Central Bank of Nigeria on Wednesday revealed that N13.56tn was recorded as loans after specific provisions. According to the data, which...