Weak Economic Activities May Force Banks to Cut Lending Weak economic activities due to lockdown in key states could prevent banks from lending money to the...
Non-Performing Loans Rise to N1.05tn in 2019 – NBS The non-performing loans in the Nigerian banking sector rose to N1.05 trillion as of December 2019, according...
LDR Boosts Credit to Private Sector by N2.35trn The Central Bank of Nigeria’s Loan to Deposit Ratio boosted the nation’s credit facility to the private sector...
Non-Performing Loans: Lenders Recover 34% of Bad Debt from ICT Nigerian lenders have started recoverying non-performing loan from telecommunication companies, according to a recent report from...
Lenders to Ease Loan Criteria in Q1, 2020 – CBN The Central Bank of Nigeria has said the nation’s lenders will start reducing loan criteria in...
Unsecured Credit to Decline in Q1, 2020 -CBN The Central Bank of Nigeria on Monday said unsecured credit facility to households will decline in the first...
Oil Firms Owe Banks N6.1trn, Banks Move to Takeover Oil companies owe lenders over N6 trillion, according to a new detail from the Central Bank of...
Non-performing Loans Decline by 51% in One Year The total non-performing loans in the Nigerian banking sector declined by 50.89 percent in twelve months, the National...
FG Endorsed €500 Million Loan for Bank of Industry The Federal Government on Wednesday approved the provision of a Sovereign Guarantee of €500 million from Credit...
Borrowers should Prioritise Loan Repayment -Ecobank Following the increase in Loan to Deposit ratio from 60 percent to 65 percent by the Central Bank of Nigeria...