Tuesday, 9 October 2012
CBN Bans Banks From Lending To Otedola, Babalakin, Dantata, & 416 Others (See Full List)
Central Bank of Nigeria last week released 419 names of individuals and businesses, and State governments that have been banned by any bank operating in Nigeria from lending to.
As expected, “King of bad debts” Femi Otedola tops the list with N192 billion (wonders if he ever sleeps), followed by Dantata, and many others.
Many other supposedly rich Nigerians made the list in flying colors with debt profiles ranging from N4 billion to N160 billion.
Don’t you all think some names are missing in these lists? #justsaying!!!
To see the full list, click on the link below…
Full list of Banned 419
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