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Tag Archives: warns :No more non-performing loans

September, 2019

  • 25 September

    CBN read riot act to banks, warns ;No more non-performing loans

    There is no room for money changers in the banking sector of the financial economy, the Central Bank of Nigeria (CBN), told banks on Tuesday. CBN Governor Godwin Emefiele said the banks should be major players in growing the economy, and warned that the era of armchair banking was over. According to him, the days of non-performing loans (NPLs) had ...