The Central Bank of Nigeria-initiated name and shame campaign of banks’
delinquent debtors gained further momentum on Wednesday as FCMB and
Ecobank Nigeria have also published their lists.
The lists have the names of popular companies, whose directors are prominent Nigerians appearing among the high non-performing loan defaulters. If this continued, the money saved by ordinary Nigerians in these banks will be consumed as some of the banks may soon collapse.
The lists have the names of popular companies, whose directors are prominent Nigerians appearing among the high non-performing loan defaulters. If this continued, the money saved by ordinary Nigerians in these banks will be consumed as some of the banks may soon collapse.
