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Monday 3 May 2021

Nigeria’s banks NPLs rise 6.2% as economy deteriorates, inflation surges

Nigeria’s banks NPLs rise 6.2% as economy deteriorates, inflation surges: NPLs of banks rose to 6.30 percent in February compared with 6.10 percent in December as banks were forced to lend 65 percent of their deposit portfolio to the productive sectors of the economy by the regulator.

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