non-performing loans

  1. Femi Otedola Defends FirstBank's Strategic N748bn Bad Loan Write-Off for Long-Term Health

    Nigeria Femi Otedola Defends FirstBank's Strategic N748bn Bad Loan Write-Off for Long-Term Health

    The Digest: First Bank Holdings Group Chairman, Femi Otedola, has publicly explained the rationale behind the bank's decision to write off N748 billion in legacy non-performing loans. Describing it as a strategic move to secure the institution's long-term financial health, Otedola stated the...
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