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The Central Bank of Nigeria, CBN, has sacked a number of bank directors following cases of insider abuse relating to non-performing loans, the Director, Banking Supervision, NDIC, Mr. Adedapo Adeleke has said.
Mr. Adeleke, disclosed this in a presentation on the topic: ‘Curtailing the growth of non-performing loans in banks’.
He did not give details of the directors and the banks affected.
He cited this as one of the outcomes of measures that the regulators had been taking to reduce the growth of bad loans in the financial services industry.
The NDIC director spoke at a training workshop organised for financial journalists by the agency in Kano on Friday.
Mr. Adeleke, disclosed this in a presentation on the topic: ‘Curtailing the growth of non-performing loans in banks’.
He did not give details of the directors and the banks affected.
He cited this as one of the outcomes of measures that the regulators had been taking to reduce the growth of bad loans in the financial services industry.
The NDIC director spoke at a training workshop organised for financial journalists by the agency in Kano on Friday.
