CBN Directs Access Bank, Zenith, UBA, Others to Go after Debtors, suspends further loan applications
Excerpt
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The central bank of Nigeria has directed that all funded accounts without BVN/NIN be restricted with no further transactions permitted from March 1st 2024
The Central Bank of Nigeria (CBN) may have discreetly redeployed top officials in the apex bank as part of moves to reinvigorate the institution.
The central bank of Nigeria has given order to banks on the issuance and acceptance of old and new notes in the country in a directive to banks in the country
A German-Nigerian financial technology company, BEREE is acquiring non-performing loans in Union Bank and refinancing them with $40 million after exiting NGX.