The Nigerian banking industry recorded a N166.29 billion or 15.69 percent increase in non-performing loans in 2020. The National Bureau of Statistics disclosed this in its...
Contrary to belief that it is only the oil and gas sector that has been putting the banking sector at high risk with non performing loans, it has now been...
More facts have emerged on why the CBN directed banks in Nigeria to cancel 25 per cent of the total $1.9bn (N600 bn) non performing loans...
The balance sheets of most of the deposit money banks (DMBs) are bleeding badly as a result of the huge debts portfolio in form of non-performing...
In from Ali Smart… The Sub-committee on Ethics and Professionalism of the Bankers’ Committee has ruled that the agreement between Honeywell Group and Ecobank to pay...
