The Central Bank of Nigeria plans to introduce fresh capital rules in the second quarter of this year, threatening to heap pressure on banks already weighed down by bad loans. Non-performing loans in the banking sector rose to N2.245tn in the third quarter of last year from N1.939tn in the second quarter, according to data from the National Bureau of Statistics…Punch
The Central Bank of Nigeria plans to introduce fresh capital rules in the second quarter of this year, threatening to heap pressure on banks already weighed down by bad loans. Non-performing loans in the banking sector rose to N2.245tn in the third quarter of last year from N1.939tn in the second quarter, according to data from the National Bureau of Statistics…Punch
