In a renewed effort to build public confidence as well as engender soundness and stability in the mortgage banking sub-sector of the Nigerian banking industry, the Central Bank of Nigeria (CBN) has established a Sub-committee on Ethics and Professionalism for Mortgage Bankers.

With over N2trillion of non-performing loans (NPLs) in the nation’s financial services sector, stakeholders have advocated the promotion of effective credit risk operations...

The task of raising capacity in the nation’s financial institutions in line with global best practices has become necessary now than ever, especially with rising debts overhang in the banking industry and the ongoing recession.