Aggregate Non-Performing Loans of nine banks, according to the data obtained by Prime Business Africa, increased to N814.08bn in 2021, representing a 3.16 per cent increase from the N789.14bn reported in 2020.
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Bank credit to the Nigerian private sector, according to a report by the Central Bank of Nigeria (CBN), rose to N36.37 trillion as of March 2022, representing N1.18 trillion net new loans
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The United Bank for Africa (UBA) has said that they are leveraging technology to improve their operations on consumer lending among others. The bank disclosed this on Wednesday in a webinar on
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