UBA CEO Alawuba calls for special financial court to address prolonged litigation and boost SME access to credit

Weak justice system frustrating N1.5 trillion bad loan recovery, judges told - NewsTmes.com.ng

•Bankers demand specialized financial courts to fast-track disputesNigerian bankers, yesterday, in Abuja told judges that delays in judicial processes are impeding the financial sector’s ability to support job creation, small businesses and the recovery of over N1.5 trillion in bad loans. They called for urgent reforms to strengthen the judiciary’s role in economic growth and … The post Weak justice system frustrating N1.5 trillion bad loan reco…

Banks' CEOs, Judiciary Unite on Support for Nigeria's Economy - InsideBusiness - Business News in Nigeria

Amid a troubling N1.57 trillion non-performing loan crisis, the chairman of the Nigerian banks’ chief executives, Oliver Alawuba, has sought the collaboration of the judiciary to tackle the challenges head-on. Alawuba, who is also the Group Managing Director of UBA Plc, sought the collaboration at the 23rd National Seminar on Banking and Allied Matters for Judges, on Tuesday at the National Judicial Institute (NJI) in Abuja, where both sectors u…

UBA CEO Alawuba calls for special financial court to address prolonged litigation and boost SME access to credit

The Group Managing Director/CEO of the United Bank for Africa (UBA), Oliver Alawuba, has called for the creation of a special financial court to address prolonged litigation in financial cases, citing its negative impact on banking operations and economic growth.  The post UBA CEO Alawuba calls for special financial court to address prolonged litigation and boost SME access to credit  appeared first on Nairametrics.

Judicial Delays Undermining Investor Confidence, Elevating Financial Risks In Nigeria — UBA GMD Warns At Judges’ Banking Seminar - TheNigeriaLawyer

The Group Managing Director of United Bank for Africa Plc, Oliver Alawuba, has said that persistent judicial delays and inefficiencies are heightening the financial risk profile of Nigeria and undermining confidence in the banking sector. Alawuba stated this on Tuesday during the 23rd National Seminar on Banking and Allied Matters for Judges, held at the National Judicial Institute, Abuja. The two-day event was jointly organised by the Chartered…