Tag: Non-Performing Loans

CBN Orders Banks to Block New Credit for Large-Ticket Borrowers

by Victoria Ogbadu

March 13, 2026

The Central Bank of Nigeria (CBN) has instructed commercial banks to clamp down on additional lending to high-value borrowers saddled with non-performing loans (NPLs). The directive, contained in an official ...

Non-Performing Loans Hit 7% in Nigeria as CBN Withdraws Forbearance

by Victoria Ogbadu

January 2, 2026

Nigeria's banking sector has crossed a critical regulatory threshold, with non-performing loans climbing to 7% in 2025, breaching the Central Bank of Nigeria's prudential limit of 5% for the first ...