Weighing Nigeria’s decision to let banks debit BVN-linked accounts of loan defaulters

The Central Bank of Nigeria recently initiated the global standing instruction which allows banks to recover loans from defaulters’ BVN-linked accounts. We explore the various implications of this move.

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I am the CEO of 9JAGISTLAND.My name is Adedeji Timothy and my co-owner is Oyekola Damilare.This blog is born out of our passion to educating to people in all aspect of internet life.We are enthusiastic about writing posts and articles online.

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