HomeTagsDebit

Tag: Debit

IMF Excludes Nigeria From Debt Relief

IMF Excludes Nigeria From Debt Relief     Nigeria has been excluded from the list of 28 countries granted debt pardon by the Executive Board of the International Monetary Fund (IMF). The Board has approved a third tranche of grants for debt service relief for 28 member countries...

CBN Gives Banks’ Approval To Debit Loan Defaulters

CBN Gives Banks’ Approval To Debit Loan Defaulters   Central Bank of Nigeria (CBN) The Central Bank of Nigeria (CBN) has given approval to the banks to debit any defaulting debtor across all the banks where the debtor has funds. The CBN also approved that the...