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FG Plans Bridge Bank To Support Struggling Lenders

FG Plans Bridge Bank To Support Struggling Lenders         Nigeria plans to start a fund that will operate a bridge bank to nurse struggling lenders back to health, Bloomberg reported on Monday. The Central Bank of Nigeria will inject N10bn, or an amount that still needs to...

Banks Recovering Debts From Other Lenders, Emefiele Says

Banks Recovering Debts From Other Lenders, Emefiele Says   Credit conditions in the banks have improved and banks are now able to recover customers’ debts from other lenders. The Governor, Central Bank of Nigeria, Godwin Emefiele said this while giving some of the measures introduced in the...