Nigeria: CBN, commercial banks debunk mass sack rumour

15 October 2016, Lagos — The Central Bank of Nigeria and deposit money banks in the country have debunked media reports about imminent mass retrenchment in the banking sector following the deteriorating nonperforming loans (NPL) portfolio of the banks. Rising from the 329 bankers committee meeting in Lagos Wednesday, the CBN Director of Banking Supervision, […] More »