The spike in loan losses provision is stemmed from the rising interest rate which has made paying back tough for borrowers. With inflation at a 28 year high,
Deputy governor of Financial System Stability of the Central Bank of Nigeria (CBN), Philip Ikeazor, has said that the rise in non-performing loans in the
In his comments, the CBN deputy governor, Corporate Services, Bala Moh’d Bello whilst noting that, as at February this year, financial soundness indicators in