Tag: others in N790bn bank debt

Insurance

CBN: Insurance companies, others in N790bn bank debt

Insurance companies’ total assets and liabilities increased by 3.2 percent to N817.6bn in the third quarter of 2015 According to the Central Bank of Nigeria (CBN)’s 2015 Quarterly Statistical Bulletin, a number of insurance companies and other financial institutions are indebted to commercial banks to the tune of N790billion as […]