Applause as economy recovers N559bn from non-performing loans

Gradual reduction in the nation’s non-performing loans (NPLs) has increased injections into the economy by additional N558.54 billion

The heterodox policies of the Central Bank of Nigeria (CBN) have started to yield some desired results in the nation’s financial sector. This could be seen in the downward movement of the non-performing loan to gross loans ratio in the last three years. Apart from the ratio which is now about 6.21

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Teliat Sule

Teliat Abiodun Sule Assistant Editor, Economy & Markets