This study evaluates the activities of credit bureaus in respect to non-performing loan and the quality of risk assets of commercial banks in Nigeria. The study finds out that Credit bureau reports play a significant role in making credit decision; there are adequate regulations or guidelines controlling the operation, licensing and non-performing loan publication of credit bureaus unit; inflation rate, loan-deposit ratio and small/medium loan ratio to total credit has positive effect on non-performing loan while lending rate had negative effect on dependent variable and recommended that federal government through National Identity Management Commission (NIMC) and Central Bank Nigeria (CBN) through current mandatory Biometric Verification Registration (BVR) should step up the process of ensuring that all individuals are issued a unique ID as obtainable in advanced countries; the credit bureaus association should work on a standardized (uniform) data format that will facilitate easy reporting of credit information by subscribers. The Central Monetary Authorities should closely monitor the activities and their existence is justified in terms of the ripple effects in the Nigerian economy.
Umensofor et al. (Wed,) studied this question.