The apex religious body, led by Rev. Supo Ayokunle, complained that loans were being granted to people by several dubious companies.
CAN said their interests are not only higher than the banks, but they use blackmail and other antics to get their money back in case of a default. “These are not only against the financial regulation but totally unacceptable, irresponsible, suicidal and unfair”, he fumed.
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