Lagos - Fourteen Nigerian banks considered high risk banks would have their books examined by the Central Bank of Nigeria (CBN).
The risk based supervision, which begins on Monday, will be done in collaboration with the Nigeria Deposit Insurance Corporation (NDIC), reports New Telegraph.
The exercise is to enable the apex bank scrutinize and examine the loans of the affected banks, especially those that are not performing.
Some of the banks whose books will be examined include First Bank of Nigeria Plc, Ecobank of Nigeria Plc, First City Monument Bank Plc, Diamond Bank Plc, Wema Bank Plc, Skye Bank Plc and Heritage Bank.
Read more at New Telegraph.
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