First Bank Recovers N456 Billion Loan from Heritage Bank Before License Revocation
In a significant financial development, First Bank has successfully recovered a substantial N456 billion loan from Heritage Bank. This repayment ...
Tag: Loan Recovery
CBN Orders Banks to Initiate Loan Recovery for COVID-19 Support
Nigerian banks have embarked on the process of reclaiming loans disbursed to individuals and businesses as part of the COVID-19 ...
CBN Suspends Access Bank, Zenith, UBA, and Others From Issuing New Loans.
The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge ...
Concerns Arise as CBN Initiates Loan Recovery from COVID-19 Beneficiaries
Beneficiaries of the Central Bank of Nigeria's (CBN) COVID-19 relief loans have voiced their concerns regarding the recent move by ...
Seplat Energy Faces Legal Restriction Amidst Access Bank’s Loan Recovery Action.
In a recent development with potential legal and financial implications, Seplat Energy has announced its receipt of ex parte Interim ...
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