Nigeria banks threaten 'delinquent debtors' with naming and shaming

Monday, 18 July 2016

Nigeria banks threaten 'delinquent debtors' with naming and shaming



Some of Nigeria's major banks have taken to the newspapers today to try and get some of the people who owe them money to pay it back.

In adverts published in national newspapers it describes them as "delinquent debtors" and threatens to publish their names if the money is not forthcoming:The Central Bank of Nigeria reckons that the commercial banks are owed around $2bn, and in the past the government has had to take over some banks because of the extent of the bad loans.

Source:BBC


Please Share:


Kindly drop a comment. The comment box is below

No comments:

Post a Comment

YES