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CBN Mandates Banks to Publish Dormant Accounts

In a major change, the Central Bank of Nigeria (CBN) has ordered banks and financial institutions to disclose dormant accounts, unclaimed balances, and other...

CBN Mandates Directors with non-performing insider loans to Resign

The Central Bank of Nigeria (CBN) has demanded that bank directors with non-performing insider loans resign immediately.Insider loans are those made by a bank...

CBN Takes Tough Stance on Bad Loans, Orders Directors Resign

The Central Bank of Nigeria (CBN) has ordered bank directors with non-performing insider-related loans to step down immediately. This directive aims to strengthen corporate...

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