Tag: Collateral
CBN bans foreign currencies as collateral for naira loans
The Central Bank of Nigeria (CBN) has directed all banks in the country to stop the use of foreign currencies as collateral for naira...
Pastor: How kidnappers used my son as collateral to buy rice
A Lagos-based pastor, Joshua Ogbonna, says some suspected kidnappers abducted his son and used him to buy two bags of rice valued at N180,000...
