Nigeria’s Bad Loans Climb Above Regulatory Limit as CBN Tightens Banking Rules
Nigeria’s banking sector is facing growing pressure as the ratio of bad loans increased to 8.03 per cent in January ...
Tag: non-performing loans
Union Bank Asset Dispute Raises Questions Over Creditor Enforcement and Investor Confidence in Nigeria
A legal dispute over Union Bank of Nigeria’s enforcement of an unpaid ₦18.6 billion loan has become a test case ...
CBN Bars Chronic Loan Defaulters from Banking Services
The Central Bank of Nigeria has restricted banking services for large-scale loan defaulters, cutting off their access to fresh credit, ...
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