CBN orders bank directors with bad loans to resign

...Politicians, elite face increased scrutiny From Adanna Nnamani, Abuja The Central Bank of Nigeria (CBN) has directed bank directors with non-performing, insider-related loans to immediately resign from their positions. Insider loans are credit facilities extended by a bank to its own executives, directors, employees, major shareholders or related parties. The apex bank, in its efforts [...]The post CBN orders bank directors with bad loans to resign appeared first on The Sun Nigeria.

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