Nigerian banks have been hit by a myriad of shocks lately, and last week’s court ruling which annulled the 45 percent increase in electricity tariff may have compounded lenders’ balance sheet woes.
Lenders had average Non Performing Loan (NPL) ratios of about 6.2 percent at end-March 2016 as une
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LOLADE AKINMURELE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
