Banks Non-performing Loans Stood At N1.44trn In Q2 - NBS   The total non-performing loans in the banking sector stood at N1.44trn at the end of the second quarter of 2019. This is about 9.3 per cent of the total loans in the sector. Latest statistics revealed...

Nine Banks To Reduce Non-performing Loans To Meet CBN’s Threshold   A total of nine banks listed on the Nigerian Stock Exchange are reducing the size of their non-performing loans in an attempt to meet the five per cent threshold prescribed by the Central Bank of...

CBN Sets New Limits For Banks On Non-performing Loans   The Central Bank of Nigeria has set new limits for banks and other financial institutions on non-performing loans to reflect in their books The bank disclosed this in its exposure draft on prudential guidelines to microfinance banks,...

Banks’ Non-performing Loans Rises To N8.17trn   The banking sector recorded a total amount of N8.17trn as non-performing loans in the 2018 fiscal period. The figure is contained in the banking sector report obtained by our correspondent from the National Bureau of Statistics. The banking sector’s N8.17tn NPLs...

Outstanding banking industry loans to the economy as at end of third quarter 2016 (Q3’16) escalated by N2.1 trillion to N13.8 trillion, about 17.9 per cent rise against N11.7 trillion recorded in the corresponding period of 2015. The new figure is made up of...