Harsh economy: More Nigerians besiege loan apps for credit, lenders’ NPLs rise
More Nigerians are now resorting to credit from loan apps to survive as the harsh economic conditions bite harder, Nairametrics ...
Tag: NPL
Nigeria, US agree on digitalization, cloud-based data integration, training for Police Force
NPF and the INL of the US have agreed to strengthen their collaboration to improve public safety.
Agusto & Co. projects NPL in Banking Industry to remain below 5% in FYE2023
Agusto & Co. Limited, a pan-African credit rating agency has said that the non-performing loan ratio of the banking industry ...
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.
Nigerian banks Non-Performing Loans ratio jumps to 5.3% in April 2022
The Non-Performing Loans (NPL) ratio of commercial banks in Nigeria jumped to 5.3% in April 2022 from 4.84% held in ...
FirstBank’s NPL improvements restores investor confidence
The recent turnaround and improvement in the Non-performing loans of First Bank of Nigeria Limited (FirstBank) have been a major ...
Nigerian banks Non-Performing Loans ratio jump to 6.3%
The Non-Performing Loans (NPL) ratio of commercial banks in Nigeria jumped to 6.3% for the month of February 2020, according ...
Explained: How to know if your bank is financially sound
A member of the Central Bank Monetary policy committee Dr Doyin Salami, recently expressed worries that the NPL (non performing ...
