₦airaland Forum

crazymommy:
Do you people even read at all??

How is this related to opay , palmpay etc ?? When was fintechs mentioned ??


The Central Bank of Nigeria (CBN) has directed banks to restrict access to certain banking services for large-ticket borrowers with non-performing loans, as part of efforts to safeguard financial system stability and strengthen credit discipline.]



According to the apex bank, large-ticket obligors include borrowers whose combined exposure across banks exceeds the Single Obligor Limit and whose obligations materially affect a bank’s Capital Adequacy Ratio or otherwise pose systemic risks to the financial system.

Bro I tire o

sheedy407:
Those borrowing from opay and palmpay without paying back, una beans don done now.

Your BVN would be blacklisted.

First to comment since 2007, make i go drink Hammer Dry Gin

Read before you comment.. it saves you embarrassment

SkyBizzy:
Exactly. Seems you're the only one that understood this post.
Majority of these commenters think it's the 2k, 3k they borrow online from opay and palmpay 🤣🤣

I wondered what they were talking about too. Hehehehe

99thEnemy:
You have every valid reason to doubt.

Honestly.

The funny part is that I started doubting my own intelligence at one point. I had to step back to regain my self esteem as people will use their opinions to make you doubt your knowledge base.

Nairaland, I hail ooo.

sheedy407:
Those borrowing from opay and palmpay without paying back, una beans don done now.

Your BVN would be blacklisted.

First to comment since 2007, make i go drink Hammer Dry Gin

You just rushed to comment. This is for large borrowers not those 2k opay own.

sheedy407:
Those borrowing from opay and palmpay without paying back, una beans don done now.

Your BVN would be blacklisted.

First to comment since 2007, make i go drink Hammer Dry Gin

Read to comprehend, it says "Large Ticket borrowers".

Its CBN Directives to COOOOOOMMMMERRRRRCIIIIAL BAAAAAAANKS.

uuzba:
Good move
At least in western countries they use credit score.
Once you don't pay, your credit score goes down.
When you go for any future loan services,
- another loan,
- mortgage (house)
- contract mobile phone
... They just check your credit score online and deny you service.
Until you go and pay that loan back to increase your credit score.

How many important things do people use credit for over here
Houses
Cars
Eletronics ?
Any

sheedy407:
Those borrowing from opay and palmpay without paying back, una beans don done now.

Your BVN would be blacklisted.

First to comment since 2007, make i go drink Hammer Dry Gin

It doesn't concern them.
Eve.if it does, they will Only not access additional loans. That's all

Urgent1Million:
Aha!!
It's about to gooooo dooown!!
But the listed restrictions will not stop them though.
Those who borrow and refuse to pay back usually don't need any of the listed instruments.
The CBN should consider directing stricter sanctions such as a more stringent blacklisting of their BVN, restricted access to accounts, PND orders.

No be those online faceless loan shark companies wey dey borrow pple 10k 15k Dem dey try protect ooo....

You need to have Nine lives to survive as a business man in Nigeria. You have a Purchasing Order from Government institution and immediately proceeded to your bank to obtain loan for the project. But the same government refused to pay for the project after the execution. You owe the bank while the Government owes you. Same Government is saying the bank should restrict your access to banking services. What a Shame and travesty!!!

FG na BaBa for borrowing and defaulting always hoping and waiting for the loans to be written off

Some people especially politicians will go round borrowing from different banks then refuse to service the loan

Smh.. Our educational system dey produce funny things sha.

TheBizGenius:
The funny part is that I started doubting my own intelligence at one point. I had to step back to regain my self esteem as people will use their opinions to make you doubt your knowledge base.

Nairaland, I hail ooo.

People who doubt their own intelligence are often highly intelligent.

friday2011:
No be those online faceless loan shark companies wey dey borrow pple 10k 15k Dem dey try protect ooo....

🤣🤣🤣🤣🤣🤣
Some of those ones aren't even approved by the CBN and we dont care if people collect their money and disappear.
We still have people borrowing from registered and regulated digital lending platforms without paying back.

greatseed:
If Nigeria have successfully paid all the unaccountable loans they are owing then they can tell citizens this trash! Though not indulging loan defaulters, but they are many factors to loan defaults. Let the country lead by a good e.g 1st. Not just formulating policies without proper consideration.

Can you share more details on these "unaccountable" loans owed by Nigeria? Tell us just one or two.

Naustine:
Bro I tire o

Who are you calling bro?

So you mean you were not informed that Crazymommy is a woman with to_to-w?

fergie001:
https://nairametrics.com/2026/03/13/cbn-to-restrict-banking-services-to-all-non-performing-bank-debtors/

Single Obligor Limit (SOL): The CBN prohibits banks from lending more than 20% of their shareholders' funds to a single borrower (or related parties). A large-ticket obligor is any entity whose total debt across all banks exceeds this 20% threshold.


I hope this helps.

Loan lenders right now

No 1


Dangote








He collected loan from emefule to build refinery

Have you actually

onayemi1:
You need to have Nine lives to survive as a business man in Nigeria. You have a Purchasing Order from Government institution and immediately proceeded to your bank to obtain loan for the project. But the same government refused to pay for the project after the execution. You owe the bank while the Government owes you. Same Government is saying the bank should restrict your access to banking services. What a Shame and travesty!!!

That's why we insist on Advance Payment Guarantees (APG) or only work with agencies that have "Cash-Backed" POs to avoid this specific cycle of debt.

No more high-risk ventures out of desperation. I would rather borrow funds for wholesale targeting carefully researched retail markets.

DataDoc:
Single Obligor Limit (SOL): The CBN prohibits banks from lending more than 20% of their shareholders' funds to a single borrower (or related parties). A large-ticket obligor is any entity whose total debt across all banks exceeds this 20% threshold.


I hope this helps.

Thank you!

nedekid:
So igbese na way of life? Na wah.

when 80% of that country don’t have up to 1 million naira in their bank accounts, it should tell you the country is a mess.

uuzba:
Good move
At least in western countries they use credit score.
Once you don't pay, your credit score goes down.
When you go for any future loan services,
- another loan,
- mortgage (house)
- contract mobile phone
... They just check your credit score online and deny you service.
Until you go and pay that loan back to increase your credit score.

Here, Chinese will give u whether u are paying or not. Highest, u open to another company and collect, and in that cycle.
I don't know if those Chinese companies are making it here or not.
I believe they must have folded up

What about some of us owning Fintech Banks?Hope we are safe

LZAA:
NL will have you seriously doubting the IQ of most people

They actually didn't read the article, they just read headline and assume the rest.

Just thank God for your life

quote author=helinues post=138756054]Best thing to do

Why would you obtain loans without paying back. They should be blacklisted for some certain things self

Loans or debt, how do people sleep peacefully with it. If I asked people for money, it just have to be ridiculous money which I know it won't stress me to pay. Same as buying on credit, I buy ridiculous price that the paying won't be a burden.

There is a store I buy things regularly, I might decided to buy the small yoghurt,

The lady would be like, but you can afford the big one,

Me: I can't afford it now

The lady: You have credit opportunity here

Me: Are you the one to pay?

Having opportunity to credit or loan, if you like abuse it, you are still the one to pay it[/quote]

glingev:
Just thank God for your life

quote author=helinues post=138756054]Best thing to do

Why would you obtain loans without paying back. They should be blacklisted for some certain things self

Loans or debt, how do people sleep peacefully with it. If I asked people for money, it just have to be ridiculous money which I know it won't stress me to pay. Same as buying on credit, I buy ridiculous price that the paying won't be a burden.

There is a store I buy things regularly, I might decided to buy the small yoghurt,

The lady would be like, but you can afford the big one,

Me: I can't afford it now

The lady: You have credit opportunity here

Me: Are you the one to pay?

Having opportunity to credit or loan, if you like abuse it, you are still the one to pay it

Bro it's all about self policy of not doing more than you can afford. Whether loans or real money, majority of the things we waste money on are things which can't be useful to us in future.

If you can cut reasonable of the unnecessary spendings, you should be having extras. If you know how much partying ( Owambe) is costing some people yearly, if they gather the money together, it could be useful to pursue their future dreams

The feelings of no zero balance, try and be having the feelings not just sometimes but regularly

crazymommy:
Do you people even read at all??

How is this related to opay , palmpay etc ?? When was fintechs mentioned ??


The Central Bank of Nigeria (CBN) has directed banks to restrict access to certain banking services for large-ticket borrowers with non-performing loans, as part of efforts to safeguard financial system stability and strengthen credit discipline.]



According to the apex bank, large-ticket obligors include borrowers whose combined exposure across banks exceeds the Single Obligor Limit and whose obligations materially affect a bank’s Capital Adequacy Ratio or otherwise pose systemic risks to the financial system.

Don't mind them they think the 12k they are owing Palmpay falls under "large ticket borrowing,"

Ishilove:
Don't mind them they think the 12k they are owing Palmpay falls under "large ticket borrowing,"

the fear may be justified for a serial borrower who does 10k here, 10k there across the different fintechs - this sounds like that game may be up

DataDoc:
Single Obligor Limit (SOL): The CBN prohibits banks from lending more than 20% of their shareholders' funds to a single borrower (or related parties). A large-ticket obligor is any entity whose total debt across all banks exceeds this 20% threshold.


I hope this helps.

It makes me wonder how Dangote got the funding for the refinery. He took massive loans, so which banks gave him those loans?