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Business

Banks implement new CBN guidelines on debt recovery

NewsColony
Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts...
Business

GSI: Banks notify customers of move to seize debtors’ funds

NewsColony
As the Global Standing Instruction (GSI) policy of the Central Bank of Nigeria (CBN) came into force at the weekend, many commercial banks have notified...