CBN Directs Banks To Publish Serial Debtors’ Names From Aug 1

The Central Bank of Nigeria (CBN) on Thursday directed all Deposit Money Banks (DMBs) operating in the country to commence the publication of the names of chronic debtors from August 1.

The Director, Banking Supervision Department, CBN, Mrs. Tokunbo Martins, stated this while briefing journalists shortly after the 322nd Bankers’ Committee meeting, which was held at the central bank’s headquarters in Abuja. She was accompanied to the briefing by the Managing Director, United Bank for Africa Plc, Mr. Phillips Odouza; Managing Director, Unity Bank Plc, Mr. Henry Semenitari; and Managing Director, Ecobank Plc, Mr. Jubril Aku.

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