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Maroc Maroc - WN.COM - Africa - 23/Oct 15:04

CJN Warns Against Court Processes Frustrating Legitimate Debt Recovery

Nigeria | 5 minutes ago * As judiciary, CBN collaborate on building efficient, credible, stable financial system Alex Enumah in Abuja The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has warned against the abuse of court processes that frustrate legitimate debt recovery in the country, pointing out that such act undermines confidence in the financial system. The CJN, who stated that efficient recovery of loans remains central to financial stability, observed that protracted delays in enforcing credit obligations weaken institutions, distort balance sheets, and constrain liquidity. She spoke on...

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