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Topic: Interest Rate Hike: Banks Risk Losses To Higher Non-performing Loans  (Read 1147 times)

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Interest Rate Hike: Banks Risk Losses To Higher Non-performing Loans
« on: July 29, 2022, 07:06:16 AM »
Interest Rate Hike: Banks Risk Losses To Higher Non-performing Loans

Non-Performing Loans (NPLs) in the Nigerian banking industry is expected to rise as the hike in Monetary Policy Rate triggers a rise in interest rate, the pesident of Association of Capital Market Academics of Nigeria (ACMAN), Professor Uche Uwaleke has said.   Uwaleke, while speaking at the bi-monthly forum of Finance Correspondents Association of Nigeria […]

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