CBN warns states against excessive overdrafts, short-term credits
Flags governance, compliance risks for non-interest banks THE Central Bank of Nigeria has raised concerns over governance and compliance risks in Nigeria’s expanding non-interest banking sector, warning that weak oversight could erode public confidence and threaten financial system stability. The apex bank also cautioned state governments against excessive dependence on overdrafts and short-term borrowing, saying […]
The post CBN warns states against excessive overdrafts, short-term credits appeared first on Tribune Online.
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