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NDIC Proposes Stiffer Sanctions against Banks, Officials Aiding Non-performing Loans

NDIC Proposes Stiffer Sanctions Against Banks, Officials Aiding Non-performing Loans

Lukas Graham: The Nigeria Deposit Insurance Corporation (NDIC) on Friday decried the increasing level of non-performing insider loans in various banks, saying they were negatively impacting the stability of the country’s banking system. The Managing Director/Chief Executive of the Commission, Umaru Ibrahim, said steps must be taken to ensure that Stiffer Sanctions were issued against…

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NDIC Proposes Stiffer Sanctions against Banks, Officials Aiding Non-performing Loans

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