Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit

By Elizabeth Adegbesan The withdrawal of the Central Bank of Nigeria’s (CBN) COVID-19 regulatory forbearance given to banks has pushed banks’ Non-Performing Loans (NPLs) ratio to 9.94 per cent in the first quarter of 2026 (Q1’26), significantly above the apex bank’s prud...

The Briefing Africa

August 5, 2026 · 06:25 · 5 min read

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Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit

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Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit