CBN To Clamp Down On Bad Debtors To OFIs The Central Bank of Nigeria has said it will extend its Credit Risk Management System to the other financial institutions in the country to protect them from bad debtors. It said this became imperative after it...

CBN To Monitor, Stop Bad Debtors From Additional Borrowing The Central Bank of Nigeria is planning to introduce a new mechanism, called the Global Standing Instruction, that will work with the Bank Verification Number of depositors to detect bad borrowers who refuse to pay their...

AMCON Releases List Of N906bn Bad Debtors   The Asset Management Corporation of Nigeria has released the list of what it calls delinquent debtor firms who allegedly owe it N906bn in total. In an advertorial published on Monday, the bad debt manager said the list contained the...