Bad Loans: CBN Bars Erring Banks From Dividend Payment
BY EDMOND ODOK, ABUJA – The Central Bank of Nigeria (CBN) has slammed no dividend payment order on Deposit Money Banks (DMB) and financial institutions with huge Non-Performing Loans (NPLs)…
Non-Performing Loans (NPLs)
CBN Keeps Rate At 14% As External Reserve Hits $34bn Mark
BY COBHAM NSA, ABUJA – The Central Bank of Nigeria (CBN) on Monday kept the Monetary Policy Rate (MPR) at 14 per cent with all other parameters equally retaining their…