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Daily Archives: Aug 28, 2019

Non Performing Loans: CBN tightens the noose on bank borrowers

…Says LDR directive ‘ll free N1trn for loans


To further trigger growth in the nation’s economy, the Central Bank of Nigeria (CBN) Monday unveiled new initiatives towards reducing the level of Non Performing Loans (NPL) in the nation’s banking industry. CBN said that the move was to stimulate growth in the nation’s economy.

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