NDIC: Rising Public Debt, Bad Loans Threat to Financial Stability

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NDIC: Rising Public Debt, Bad Loans Threat to Financial Stability

« on: October 22, 2020, 01:06:48 AM »

NDIC: Rising Public Debt, Bad Loans Threat to Financial Stability

Says banks likely to seek bailout By James Emejo The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has said the rising public debt stock as well as increase in banking industry non-performing loans (NPLs) portfolio have put financial regulators under pressure. Owing to this, he stressed take measures to respond and […]

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