CBN, NDIC worry over non-performing loans
By Guardian TV
31 March 2017 |
1:35 pm
The Monitory Policy Committee of the Central Bank of Nigeria and The Nigeria Deposit Insurance Corporation recently raised the red flag over the rise in toxic loans in Nigeria's banks.
In this article
Related
28 Mar 2019
The Central Bank of Nigeria says its decision to slash the Monetary Policy Rate by 50 basis points was a signal to a new direction of its policy position. Muda Yusuf, Director General of the Lagos Chamber of Commerce and Industry joins CNBC Africa to discuss the wider implications of this new stance.
14 May 2019
“Nigerian Nightmare”, Kamarudeen Usman has come a long way from the five-year-old that left Edo State, Nigeria to the United States of America with his parents. From snagging the distinction of a top-wrestler, transitioning into mixed martial arts, to getting crowned the UFC welterweight champion, the father of one is living the life most of us dream of.
25 Jun 2019
Governor of the Central Bank of Nigeria, Godwin Emefiele will unveil his 5-year plan for his second term in office later today. Egie Akpata, Director General of Union Capital Markets joins CNBC Africa for the outlook of Nigeria’s capital market this week.
26 Jun 2019
Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture. Obiora Madu, CEO of Multimix Group joins CNBC Africa to discuss some developments impacting Nigeria's non-oil exports.
16 Nov 2020
From November 18, GuardianTV will showcase the stories of some of Africa’s brightest minds who have used social media platforms like Facebook, Instagram, and WhatsApp to market their products, contents, and services.
We call them Dreamers and Doers. And you too can learn how these young entrepreneurs moved from mere dreaming to working to realise their ideas.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Latest
12 mins ago
Tom Brady has reached an agreement to buy an ownership stake in the Las Vegas Raiders, pending NFL approval. Las Vegas Raiders owner Mark Davis confirmed that he has come to an agreement with Brady for him to join the organization’s ownership group.
12 mins ago
10-time NBA All-Star Carmelo Anthony announced his retirement from basketball on Monday. The number three pick in the 2003 draft, Anthony spent 19 seasons in the league, and finished as the ninth-highest scorer in NBA history, with 28,289 points.
12 mins ago
The Green Claims Directive would require firms to substantiate their climate-friendly claims with evidence. DW looks at how existing claims by the likes of H&M and Shell would fare once the law comes into effect.
1 hour ago
In a small village deep in central France, the same family has run the "La Promenade" restaurant for four generations. The story began in 1960, when Lucienne created a small bistro. Then Jacky, the son, took over and won the first Michelin star in 1989. Today, the grandson Fabrice watches over this mecca of French gastronomy, and now his son Clément is studying for his chef's diploma. "La Promenade" is a moving family story, whose finest pages are perhaps yet to be written.
1 hour ago
Since the military's coup on February 1, 2021, the political, economic, and humanitarian crisis in Burma has only grown more dire, with reports indicating nearly 3,000 killed, nearly 17,000 detained, and more than 1.5 million displaced.