Nigeria: N1.7trn bad loans threaten banks – CBN

08 October 2016, Abuja — As the nation’s economy battles recession, there are indications that the banking industry’s stability has come under severe threat. The financial system stability report by the Central Bank of Nigeria, CBN, indicated a steep rise in Non-Performing Loans, NPLs, as a result of prevailing economic headwinds. Going by the report, […] More »