Despite the improving macroeconomic environment, the banking industry seems likely to continue to grapple with Non-Performing Loans (NPLs), in the short-term at least, as financial results...
The level of non-performing loans (NPLs) in Nigeria’s financial industry rose to a new high as three commercial banks recorded 60 percent of the N700 billion...
The revelation that more than 40 per cent of Banks’ bad debts are caused by their directors has elicited some concerns among customers and other stakeholders....
The non-performing loans (NPLs) in Nigerian banks rose from 68 per cent in 2015, to 78 per cent in May 2016. According to the Central Bank...
Zenith Bank Plc has released its much-awaited first-half results with key performance indicators showing considerable declines in earnings, profitability and quality of assets. The 148-page report...
There are strong indications that the Central Bank of Nigeria (CBN) has concluded plans to hand over the toxic loans of the distress-prone Skye Bank to...
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...
THE DG, Asset Management Corporation of Nigeria, AMCON, Ahmed Kuru, Wednesday said that the company had a debt portfolio of N6.6trn. He admitted this before...
The banking sector, while attractive with low valuations, would have to navigate a difficult operating environment in 2015, as regulatory actions amid economic challenges cap loan...
