Tag: Nigeria loan default

HomeNigeria loan default

Nigeria’s banking system recorded a broad-based rise in loan defaults in the final quarter of 2025. This is according to the Central Bank of Nigeria's  (CBN) Fourth Quarter 2025 Credit Condition Survey Report, released recently. The report indicated that default balances increased across all major lending categories, underscoring growing repayment stress among households and businesses …

CBN Headquarters, Abuja

In a bold policy paper, Dele Kelvin Oye, the Chairman of the Alliance for Economic Research and Ethics (AERE), has raised an alarm about Nigeria’s growing dependence on foreign powers, particularly the United States. He warns that if Nigeria does not adjust its approach to governance, the country could find itself in a position similar …

Enjoy Unlimited Digital Access

Read trusted, award-winning journalism.

Already a subscriber? Log in