UBA, Fidelity, FBNH, Seven Other Banks May Lose N1.67tn As Auditors Raise Concern Over Credit Quality
The credit risk exposure of Nigerian banks is on the surge as their loan loss provisions accelerated by 129.8 per cent at the end of December 2023 over rising interest rates and harsh economic conditions.
The banks’ ECL positions reviewed by THE WHISTLER are, Zenith Bank Plc, Access Bank Plc, First Bank of Nigeria Holding, United Bank for…
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