The total loans in Nigeria’s banking sector hit N15.35 trillion as at the end of March 2019. This is according to the latest report released by...
The Central Bank of Nigeria, CBN, has called on all stakeholders in the country’s financial space to unite against the rising level of Non-Performing Loans...
The Central Bank of Nigeria has placed a stop order on all dividend payout henceforth by commercial Banks unless authorized by it. The CBN, in the latest...
Nigerian Economic Recovery Fund (NERFUND) may suspend operations soon due to the large volume of non-performing loans in its books. Acting Managing Director of the agency Dr. Ezekiel...
By Chioma Obinagwam Sterling Bank has witnessed a continuous increase in its Non-performing loan(NPL) ratio, jumping from 4.8 per cent in its financial year ended December...
Writes off N221.7bn NPL By Odunewu Segun The Group Chief Executive Officer of Ecobank Transnational Incorporated, Mr. Ade Ayeyemi has said that Ecobank group’s revenues remained...
responsible for N7.41 trillion NPLs By Odunewu Segun Insider abuses by directors in some of Nigeria’s financial houses if allow to fester may destroy what remains...
BY CHIOMA OBINAGWAM THE recent release of FBN Holdings’ unaudited result for the half year(H1) ended June 30, 2016, indicates a show of resilience in its...
