HomeTagsDecember 2019National Bureau of Statistics (NBS)

Tag: December 2019National Bureau of Statistics (NBS)

Bad Loans: Banks Reduce Consumer Credits By 11%

Bad Loans: Banks Reduce Consumer Credits By 11%       Lending by banks to consumers fell cumulatively by 11 percent or N100 billion to N1.4 trillion over two months – July and August 2020 – driven by pressure to curtail rising bad loans. Bankers said the development was...