BREAKING NEWS: CBN DIRECTS BANKS TO RESTRICTS BANKING SERVICES TO ALL LOAN DEFAULTERS

BREAKING: CBN directs banks to restrict banking services to ALL loan defaulters

The Central Bank of Nigeria (CBN) has asked commercial banks to restrict loan defaulters, specifically large-ticket obligors, from accessing credit facilities.

A large ticket obligor is a borrower (an individual or company) that owes a very large amount of money to a bank.

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