loans
Banks’ consumer loans surges 5.6% to N2.45trn in February 2023
By Cynthia Ezekwe Banks' consumer loans rose for two consecutive months in January and February, to N2.45 trillion in February…
Banks write off N1.9tr bad loans — Agusto Ratings
Loans totaling N1.9 trillion considered to be bad loans were written off by banks in the country in the last…
Buhari writes House, seeks approval for $5.513bn loan
President Muhammadu Buhari has written to the House of Representatives to request for the approval of fresh external borrowings totalling…
Borrowers groan as MfBs demand loan repayment
Some borrowers from microfinance banks have decried their exemption from loan tenor extension in the banking industry, which some commercial…
Banks’ non-performing loans decline by N1.14tn
Between the third quarter of 2018 and the third quarter of this year, the Non-Performing Loan portfolio of the banking…
CBN raises banks’ LDR to 65 percent as credit grows
The Central Bank of Nigeria has raised the loan to deposit ratio of banks to 65 percent, after the September…
Credit Access: Poor identity management remains greatest barrier in Nigeria – Sekibo
Ifie Sekibo, the managing director of Heritage Bank, has identified poor identity management as the greatest hinderance to boosting access…
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