Banks write off N1.9tr bad loans — Agusto Ratings
Businessam Staff
July 27, 2020
Loans totaling N1.9 trillion considered to be bad loans were written off by banks in the country in the last four years, a report by
Banks suffer N100bn bad loans in power sector
Businessam StaffAugust 21, 2019
A total of N100.42bn loans advanced by the nation’s banks to power firms have been recorded as non-performing, the latest data from
Nigeria at risk of losing $15bn of crisis-era bad loans
Businessam StaffJuly 24, 2019
Nigeria is facing the risk of never recovering about 5.5 trillion naira ($15 billion) of bad loans taken over during a banking crisis