National Wire About Nigerians, Nigerian Business and Other Stories
Shareholders knock CBN over failure to sanctions Banks CEO with high NPL ratio
Shareholders under the aegis of Progressive Shareholders Association of Nigeria and Renaissance Shareholders Association have blamed Central Bank of Nigeria (CBN) for not sanctioning some banks Chief Executive Officer over increased Non performing Loan (NPL) ratio above regulatory threshold. The CBN’s NPL ratio was pegged at five per cent with some leading commercial banks recording an average of 10 …
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