Tag Archives: non-performing loans

CBN should curb rising banking sector risks, says IMF

The International Monetary Fund, on Wednesday, called on the Central Bank of Nigeria to contain rising banking risks, while also commending the regulator for its recent decision to stop weak banks from paying dividends to shareholders. Against the backdrop of huge non-performing loans, which have weakened the capital base and asset quality of the country’s Deposit Money Banks, it also ...

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