New report found that Nigerians repaid N4.05tn in personal loans during the second quarter of 2024This repayment reduced personal loan balances from N7.52tn in the first quarter to N3.47tn This aligns ...
Fitch Ratings forecasts a rise in non-performing loans for Nigerian banks in 2024, attributing this trend to soaring interest rates and persistent inflation. In its latest report on Nigeria’s credit ...