Banks Non-Performing Loans moderate to 14.05% in October say MPC members
Though still above regulatory threshold of five percent, the Non-Performing Loans (NPLs) ratio of the Nigerian deposit money banks, which had risen to 14.70 per cent in August 2018 has declined to 14.05 per cent in October which signals an improvement. Robert Asogwa, member of the Monetary Policy (MPC) said this in his personal statement…