Bank debtors - Abuja Reporters

BANKS LOANED 12TRILLION FROM CBN IN 6MONTHS

Posted onJune 3, 2019June 3, 2019

Central Bank of Nigeria (CBN) Liquidity problems with Nigerian banks have persisted as the last six months have not been easy. The trend of tushing to CBN for cash continues. The nation’s Deposit Money Banks have made frequent visits to the facilities’ window of the Read More …

BANKS TO CREATE BLACK BOOK FOR CHRONIC DEBTORS, BLACKLIST AND SHARE THEIR NAMES AMONG FINANCIAL INSTITUTIONS

Posted onMay 30, 2019May 30, 2019

To create ‘Black Book,’ share details among financial institutions Obinna Chima Tough times await chronic bank debtors as chief executive officers of financial institutions have resolved to create and maintain what they term a ‘Black Book’ for the compilation of details of loan defaulters that Read More …