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Business A.M

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Tag: entral Bank of Nigeria

Debt recoveries, write offs, others boost banks’ assets, non-performing loans down to N1.2tn

The various prudential rules laid down for banks by the Central Bank of Nigeria are producing the desired results as the portfolio of banks’ non performing loans in the country has gone down from N1.76 trillion in 2018 to N1.2 trillion at the end of June 2020. Data from the CBN showed that banks’ non […]