With some 6.3 percent Non-Performing Loans (NPLs) sitting in the balance sheets of Nigerian banks, the system is already showing signs of stress, the World Bank warned on Tuesday as it raised doubts on the country’s 1.8 percent economic growth projection for 2021. “Despite the harsh operating environment, the banking system has proven generally resilient, … Continue reading Loan Defaults Could Cause Stress For Nigerian Banks, World Bank Warns