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FUGAZ banks report ₦2.365trn bad loans in 2025

Five listed Nigerian Tier-1 banks, also known as FUGAZ have released their full-year audited 2025 results for the period ended December 2025, reporting a combined impairment charges on loans to customers of N2.365 trillion compared to N1.44 trillion booked in 2024, according to Nairametrics. This represents a 64 per cent YoY growth and marks the […]