“Additional implications of the FX policy reforms may include breaches of single obligor and net open position limits, possible increase in asset quality risks and pressure on industry capital adequacy,” the statement reads.

Source: https://newmail-ng.com/cbn-stops-banks-from-utilising-naira-devaluation-gains/

Sir Arumemi Johnson guaranteed, and therefore is by law an obligor in respect of, this indebtedness and is personally liable for them.

Source: https://promptnewsonline.com/arik-air-denies-diversion-of-n120bn/?utm_source=rss&utm_medium=rss&utm_campaign=arik-air-denies-diversion-of-n120bn