Banks, due to various internal and external changes, have recorded non- performing risk assets worth N60.5 billion. This represents 4.74 per cent of the N12.78 trillion recorded as total risk assets recorded by the 25 banks as at the end of February 2009.The non-performing risk assets, by way of classification, are non-yielding assets that have become problems to the banks. These assets may include; bad loans arising from a disputed mortgage or property, stocks among several others.

However, the N60.5 billion non-performing risk assets is just a fraction of the N12.78 trillion recorded by banks as the total risk assets. This implies that a huge part of the banks’ risk assets is still performing or yielding.

The Central Bank of Nigeria (CBN) in a report titled: "Banking in Nigeria at a Time of Global Financial Crisis", further gave the figure of banks’ total loans as N7.8 trillion for the same period.

It said that the banks total exposure to capital market as at the end of January was N784 billion, representing 10 per cent of the total loans which banks have offered their customers.