bank directors resignation
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Nigeria CBN Enforces New Banking Rules, Orders Directors with Bad Loans to Step Down
The CBN has ordered bank directors with non-performing insider loans to resign immediately. Banks must recover outstanding debts by seizing collaterals and limiting insider loan exposure to comply with BOFIA 2020 regulations. This move aims to strengthen corporate governance, reduce financial...- Nigeria News
- Article
- 2 min read
- bank directors resignation bofia 2020 cbn directive insider loans nigerian banks
- Category: Business
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