Tag: Debt Recovery
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Bawa to Nigerians: Stop asking EFCC to help you recover debts
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, has cautioned members of the public not to drag the commission into business transactions gone awry. Bawa gave the advice while speaking as one of the panelists at the Alao Aka- Bashorun Memorial Lecture on Thursday in Lagos, stressing that the commission…
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LAPO Microfinance Bank clears air on alleged debt recovery amidst COVID-19 lockdown
LAPO Microfinance Bank has denied report by an online media platform claiming that the lender was chasing its debtors to recover loans despite the ongoing COVID-19 lockdown. In a statement, LAPO Microfinance Bank management described the report as false insisting that it closed down its operations, credit operations inclusive, across Nigeria on Wednesdays, March 25,…