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The Nigerian banks’ Non-Performing Loans NPLs (Bad Loans) fell to 3.9 percent in June 2024 compared with 4.8 percent in April 2024. Members of the Central Bank of Nigeria Monetary Committee disclosed this in their personal statements at July’s 296th MPC meeting recently released by CBN. Bala Bello, a member of MPC, said that the decline in NPL showed improvement in industry risk management practices and implementation of regulatory policies to manage bad loans such as its Global Standing Instruction and GSI policy. Another member of MPC, Bandele Amoo, noted that the nation’s banking industry i…

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