CBN to blacklist fraudulent bank debtors, says Emefiele

The Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, unveiled his agenda, vowing to blacklist all fraudulent bank debtors and block them from obtaining further access to bank loans.

He also directed banks to stop, with immediate effect, all cash deposit charges and maintained that CBN would work towards bringing down interest rate with a view to enabling the real sector access credit to grow the economy.

Emefiele said the apex bank would incorporate job creation in its monetary policy formulation to open up employment opportunities for the nation’s teaming youthful population.