Economy

No Loans for People, Organisations without Proper Records – CBN

The Central Bank of Nigeria, CBN, says the Apex bank will not lend money to any individual or organization without a proper book keeping method to reflect financial records.

The Director, Corporate Affairs of the CBN, Mr. Isaac Okorafor, stated this at a fair held in Asaba the Delta State capital with the theme: Promoting Financial Sustainability and Economic Development.

Radio Nigeria correspondent, Oghenero Eghweree completes the report.

Oghenero Eghweree

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