Tag: Non-Performing Loans

CBN Directs Banks to Submit Capital Restoration Plans Amid Forbearance Exit

by Adams Oma

July 8, 2025

The Central Bank of Nigeria (CBN) has directed all banks with unresolved forbearance exposures to submit detailed Capital Restoration Plans (CRPs) by July 14, 2025, as part of ongoing efforts ...

Experts Fear Increased Non-Performing Loans Following CBN’s 22.75% Interest Rate Hike

by Harry Choms

March 6, 2024

Financial experts are voicing concerns over the Central Bank of Nigeria's (CBN) recent decision to implement a hawkish monetary policy stance, resulting in a significant 22.75% increase in the interest ...