Archives Tag: Loan Defaulters
CBN Prohibits Loan Defaulters From Getting Further Credit
April 19, 2022
A circular has been issued to all deposit banks, development finance institutions and the Asset Management Corporation of Nigeria by the Central Bank of Nigeria, prohibiting them from granting credit facilities to loan defaulters. It stated, “The Central Bank of Nigeria (CBN) has noted with concern the impunity with which some borrowers default on … Continue reading CBN Prohibits Loan Defaulters From Getting Further Credit
By mary-odunuga
