CBN bars big borrowers with non-performing loans from accessing additional credit from banks
The Central Bank of Nigeria (CBN) has ordered all lenders to restrict borrowers with non-performing credit, whose activities constitute systemic risk to the financial system, from accessing specified banking services, including obtaining additional credit. The directive takes effect immediately, acc...
Sentiment: Positive (
0.48
)
Bias: Neutral
Fact-Checked Information
Source:
Google Fact Check Tools
Reliability:
Unknown
Notes:
No fact-checks found for this content
Verified on Mar 13, 2026