Nigeria: Banks’ outstanding loans rise to N13.8trn against sluggish deposit growth

03 November 2016, Lagos — Outstanding banking industry loans to the economy as at end of third quarter 2016 (Q3’16) escalated by N2.1 trillion to N13.8 trillion, about 17.9 percent rise against N11.7 trillion recorded in the corresponding period of 2015. The new figure is made up of loans that have matured but remain either […] More »