CBN proposes mediation panel for loan disputes

The Central Bank of Nigeria has proposed the establishment of a mediation panel to serve as the first point of resolution for loan-related disputes, reducing immediate recourse to courts in secured lending transactions. The proposal was contained in a circular issued on Tuesday, inviting stakeholders to comment on draft guidelines for the establishment of a Read More: https://punchng.com/cbn-proposes-mediation-panel-for-loan-disputes/