Daily Trust (Abuja)
16 April 2009
A consortium of 11 Nigerian banks have established a new credit bureau-Credit Reference Company (CPC) for the purpose of generating and supplying credit information on borrowers in the consumer and commercial segments.
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BAD IDEA BANKS GUARDING THE CHICKEN HOUSE, AND THEY BEING THE WOLF. BORROWERS WILL NEVER HAVE A CHANCE OF PRIVACY AND INDEPENDENT CHOICE, OF DOING BUSINESS WITH ONE BANK OVER ANOTHER, DUE TO POSSIBLE CONFLICT AND FEAR. WORST IDEA. CARTEL LIKE CEMENT, SUGAR, UREA, OIL, NAME IT BAD IDEA!!!!! TONY