Explainer: What is a Non-Performing Loan (NPL)?
When a loan is classed as a nonperforming loan (NPL), the chances of receiving repayments are considerably reduced.
Tag: non-performing loan
Nigeria’s private sector borrows N5.16 trillion from banks in 11 months 2021
Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new ...
Non-performing loans of banks dip by 3.5% – NBS Report
A recent NBS report has disclosed that the total volume of NPL of banks declined by 3.5% in Q3 2020, compared to ...
