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CBN Orders Banks With Huge Bad Loans To Stop Paying Dividends

  Banks and discount houses with non-performing loans above 10 per cent will no longer be allowed to pay dividends to their shareholders. The Central Bank of Nigeria gave the directive as part of measures to curb the increase in non-performing loans and to stop further erosion of the capital base of the banks. The … Continue reading CBN Orders Banks With Huge Bad Loans To Stop Paying Dividends
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