Nigeria: CBN Restates Commitment to Growth of SMEs' Sectorgideon Arinze in Enugu

Nigeria: CBN Restates Commitment to Growth of SMEs' Sectorgideon Arinze in Enugu

The Central Bank of Nigeria has said that it remains committed to the growth of the Small and Medium Enterprises, (SMEs) sector which remains the engine of economic growth in the country.

Central Bank of Nigeria Flags Rising Loan Defaults Among Large Corporates and Financial Firms Despite Broader Lending Recovery

Fresh concerns are emerging over credit risk in Nigeria’s lending market as the Central Bank of Nigeria (CBN) reveals a sharp uptick in loan defaults by large private non-financial corporations (PNFCs) and other financial corporations (OFCs). This is despite an overall improvement in loan performance across smaller business segments and households, and against the backdrop […] The post Central Bank of Nigeria Flags Rising Loan Defaults Among Lar…

CBN Flags Rising Defaults Among Top-Tier Borrowers

Daniel Adaji The Central Bank of Nigeria (CBN) has raised alarms over increasing loan defaults by some of the country’s largest borrowers—specifically Large Private Non-Financial Corporations (PNFCs) and Other Financial Corporations (OFCs)—in its latest Credit Conditions Survey for Q1 2025. The apex bank’s report shows a reversal in repayment trends among these top-tier borrowers, with both segments recording a negative default index score of -0…

Bank Loans: Large Companies Default More Than SMEs - CBN  - Thepodiummedia

The Central Bank of Nigeria (CBN) has reported high loan default rates among Large Private Non-Financial Corporations (PNFCs) and Other Financial Corporations (OFCs), raising fresh concerns about credit risk at the upper end of the lending market. This is according to the apex bank’s Credit Conditions Survey Report for the first quarter of 2025. Despite overall improvements in loan performance across most segments, the report shows that large fi…

The agricultural sector saw business failures grow by more than 14% in the first quarter of 2025 compared to the same period in 2024.