IThe Central Bank of Nigeria (CBN) has moved to restructure how lending disputes are resolved, proposing that creditors and borrowers must first submit to a mediation panel before approaching the courts. This follows a circular issued by the apex bank on Tuesday, inviting stakeholders to comment on draft guidelines for the Mediation and Dispute Resolution Panel under the Secured Transactions in Movable Assets framework. The circular was signed by P. I. Oluikpe, Acting Director, Development Finance Advisory Department......................... READ MORE