Banks NPL rises to N1.6trn in HY 2016 -CBN

October 1, 2016

Naira falls to N490 on black market after CBN widens official window

The foreign exchange daily turnover declined by 38.40 percent to $130.50 million on Tuesday from $211.86 million recorded on Monday

Non-Performing Loan (NPL) in the banking industry rose by by 158 percent in the first half of 2016, to N1.7 trillion at the end of June 2016 from N649.63 billion at end-December 2015, according to the Central Bank of Nigeria (CBN). The industry wide NPL ratio rose to 11.7 per cent from 5.3 per c

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