• We’re ready for recapitalisation, says CIBN
• Accuses police, EFCC of illegalities
Nigerian bankers are seeking a special commercial court to deal with backlogs of financial-related cases amidst worries over the rising losses to cybercrimes.
A backlog of financial cases and knowledge gaps in the judiciary are raising concerns as the growing challenges may truncate the projected growth of the industry in Nigeria if urgent actions are not taken, bankers said yesterday in Abuja.
They also expressed readiness to recapitalise in line with the expectations of the Central Bank of Nigeria (CBN) amidst the depreciation of naira.
Speaking at a programme organised by the Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with the National Judicial Institute (NJI), the President of CIBN, Dr Ken Opara, said there was a need for the creation of a specialised court to exclusively deal…
Read More