Bank Loans Rise By N2.35trn   Despite an increase in bank credit to the private sector, the non-performing loans stood at 6.54 per cent as of February, 1.54 per cent above the prudential benchmark set by the Central Bank of Nigeria. Credit to the private sector rose...

CBN Raises Banks’ LDR To 65% As Credit Grows   The Central Bank of Nigeria has raised the Loan to Deposit Ratio of banks to 65 per cent, after the September 30 deadline given to the banks to meet its 60 per cent directive. The apex bank...