Search results for Cbn Loan Dispute Resolution

CBN Proposes Mediation Panel for Loan Disputes, Sets 90-Day Resolution Timeline

CBN has proposed mediation panel for loan disputes and set 90-day resolution timeline.   NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has proposed the creation...

CBK Releases Notice on Approved Digital Loan Providers

Licensed DCPs are required to comply with CBK regulations on data confidentiality, full cost disclosure, fair debt collection practices, restrictions on credit listing, and anti–mo...

CBN: Union, Keystone, Polaris Banks Will Meet Capital Threshold, Actively Raising Funds

• Urges customers not to fret, continue regular transactions  •Apex bank sets up payments committee to fast-track industry reforms  •NCC, NDIC, SEC are key committee members Nume E...

No Ban on Airtime Loans, Blame Firms for Disruptions- FCCPC

Nigeria’s consumer watchdog, the Federal Competition and Consumer Protection Commission (FCCPC), has defended its controversial lending rules, insisting recent service disruptions...

Court affirms FCCPC’s authority to investigate bank customers’ complaints

In its ruling, presiding Justice James Omotosho affirmed the commission’s statutory authority to investigate consumer complaints involving banks and other financial institutions. T...

Final Question: Emeka Ozoani SAN Courtroom Mail Prize 2026

2. Which Corporation was established for the purpose of efficiently resolving the non-performing loan assets of Banks in Nigeria.? The post Final Question: Emeka Ozoani SAN Courtro...

CBO eases loan stress of rain hit borrowers

MUSCAT: The Central Bank of Oman's relief measures to support small businesses hit by recent heavy rains is drawing widespread public acclaim.The CBO allowed some borrowers, whose....

NDIC sues Wema Bank over N125bn Banana Island properties, N401m disputed payment

The NDIC said the action forms part of efforts to recover assets linked to the defunct bank, whose licence was revoked by the Central Bank of Nigeria (CBN) in January. The post NDI...

Union Bank Saga Tests CBN’s Regulatory Oversight

The legal battle over Union Bank of Nigeria is raising fresh concerns over investor confidence and regulatory credibility in Nigeria’s banking sector, writes Sunday Eghiator The in...

Court Restrains NNPC, Banks from Paying Chinese Firm Over Alleged $117,000 Debt

Wale Igbintade Justice Stephen Daylyop of the Federal High Court sitting in Port Harcourt, Rivers State, has restrained the Nigerian National Petroleum Company Limited (NNPC Ltd) a...

Court suspends enforcement of key regulations aimed against digital loan predation

The court issued the interim restraining order against FCCPC following some Nigerian fintechs' challenge of the regulations. The post Court suspends enforcement of key regulations...

Court warns FCCPC boss against contempt in airtime lending dispute

A Federal High Court warns the FCCPC of contempt in an ongoing airtime lending dispute with service providers, upholding a restraining order. Read More: https://punchng.com/court-...

Court affirms CBN’s sole ownership of eNaira platform

OPL 471: Court Dismisses CNPC’s Challenge, Affirms $100m Award to Nigerian Firm

Blessing Ibunge in Port Harcourt  A Federal High Court sitting in Port Harcourt, Rivers State has reaffirmed judgement in Suit Number FHC/PH/CS/136/2022 between Cutra International...

Firm Unveils Services to Modernise Dispute Resolution Process

Visa, a global leader in digital payments, has released six new dispute resolution tools aimed at tackling the high cost and complexity of traditional dispute processes. The expand...

CBN moves to simplify bank alerts amid rising customer complaints

The Central Bank of Nigeria (CBN) and commercial banks are reviewing the large number of transaction alerts sent to customers and the complaints about bank charges.

Relief for Nigerians as Airtime Borrowing Resumes After Court Halts FCCPC Clampdown

Millions of telecom subscribers across Nigeria can once again borrow emergency airtime after major network providers, Airtel and Glo, quietly restored their airtime lending platfor...

FCT court dismisses suit against Parallex Bank

A Federal Capital Territory High Court has dismissed the suit filed by, FHT Mega Express Limited, the logistics firm, against Parallex Bank Limited over a N4.5 billion debt. The lo...

Debt worth P13.2 million condoned for 200 ARBs

THE Department of Agrarian Reform (DAR) said the debt of about 200 agrarian reform beneficiaries (ARBs) in Davao del Norte worth P13.2 million was condoned. The loans represented a...

“They Told Me Nothing Can Be Done” – Bayelsa Woman Battles Nigerian Bank Over Missing Funds Despiote Court Order

A Bayelsa State woman has cried out after allegedly losing ₦100,000 due to a mistaken bank transfer involving UBA, sparking widespread reactions online and renewed concerns over...

Exim Bank escapes $11 million compensation blow

The Court of Appeal has overturned a High Court Commercial Division decision ordering Exim Bank (Tanzania) Limited to pay more than $11 million to M & Five B Hotel and Tours Li...

Appeals court revives Aberdeen cash sweep fight against Wells Fargo servicer LNR

One tenant went bankrupt. Now an $11.7M question splits two readings of the same contract

OPL 471 dispute: Court orders Chinese oil firm to pay $100m

A Nigerian court has ordered China National Petroleum Corp to pay $100m to Cutra International Limited regarding the disputed OPL 471 oil block. Read More: https://punchng.com/opl...

PDIC revises guidelines for appealing denied deposit insurance claims

THE PHILIPPINE Deposit Insurance Corp. (PDIC) has revised its appeals process for denied claims, making it more accessible, transparent, and time-bound. “Approved on Feb. 25, Regul...