Data from the CBN found that there were N1.5 trillion worth of NPL in the banking industry out of a total of N37.81 trillion in credit as of the end of June 2023.
Banks in the country have continued to write off debts and debit accounts of recalcitrant debtors in other banks in order to tone down the volume of non-performing loans in their financial accounts, The PUNCH has learnt.
Non-Performing Loans Hit N1.5tn As Banks Continues To Write Off Debts thenigerianvoice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenigerianvoice.com Daily Mail and Mail on Sunday newspapers.
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CBN's Regulatory Measures To Reduce NPLs In Nigerian Banking Industry peoplesdailyng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peoplesdailyng.com Daily Mail and Mail on Sunday newspapers.