12tn as of the end of June, the latest figures from the Central Bank of Nigeria and the National Bureau of Statistics have revealed.
The percentage of non-performing loans to the total credit, however, decreased from 6.4 per cent in June to 6.1 per cent in August. During the last Monetary Policy Committee meeting, the CBN Governor, Godwin Emefiele, said, “The committee also noted the decrease in the NPLs ratio to 6.1 per cent at end-August 2020 compared with 9.4 per cent in the corresponding period of 2019 due largely to recoveries, write offs and disposals.”
Most Nigerians are not credit worthy. They lack character. Close monitoring is key to effective repayments.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ekiti SUBEB Chairman threatens non performing contractors on UBEC projects - Daily Post NigeriaThe Executive Chairman of the Ekiti State Universal Basic Education Board (SUBEB), Professor Femi Akinwumi has commended contractors handling the four
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Makinde’s aide tackles Adelabu over non performance claimsThe Chief Press Secretary to the Oyo State Governor Seyi Makinde, Taiwo Adisa on Saturday tackled the gubernatorial candidate of the All Progressives Congress ( APC is dead already...no need to reply them, just continue on your good work
Source: Daily Trust - 🏆 13. / 51 Read more »
Blasphemy: Equality Of Believers And Non-Believers In Northern Nigeria By Leo Igwe | Sahara ReportersIf the controversy over blasphemy allegations, especially as brought against Mubarak Bala in Kano, has revealed anything, it is the entrenched unequal relationship between believers and non-believers in the region. It is the flagrant violation of the humanity and dignity of non believers by Muslims. instagram and twitter KINDLY VISIT MY PROFILE heisyung_ AND FOLLOW ME ASAP YOU WONT REGRET IT🙏🙏 There is freedom to choice where you want be as a person but certainly not the right to derogate/disparage other people’s faith in purported exercise of such assumed freedom
Source: SaharaReporters - 🏆 9. / 63 Read more »
Ekiti SUBEB Chairman threatens non performing contractors on UBEC projects - Daily Post NigeriaThe Executive Chairman of the Ekiti State Universal Basic Education Board (SUBEB), Professor Femi Akinwumi has commended contractors handling the four
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Nigeria approves new names for top performing cassava varieties'Our farmers can now be able to identify the different cassava varieties.'
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Rema, Fireboy to perform at BBNaija finale | The NationMusic stars, Rema and Fireboy, have been billed to perform at the finale of the BBNaija Lockdown on Sunday, September 27.
Source: TheNationNews - 🏆 6. / 69 Read more »