Banks’ Impairment Charges Soar by 56.3% to N1.03tn on Weakening Economic Variables

Thisdaylive | 09-10-2024 12:14pm |

Kayode Tokede In an apparent move to reduce the negative impact of macro economic challenges on their risks assets, 11 banks significantly increased their impairment charges to N1.03 trillion in half year ended June 30, 2024.

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