Microfinance Banks: Another Round Of Cleansing By CBN, NDIC
After a similar exercise in September 2010 and 2018 where the Central Bank of Nigeria (CBN) revoked the licenses of microfinance banks (MFBs) in the
Tag : microfinance banks
Microfinance Banks are safe, patronise them – NDIC urges depositors
The Nigeria Deposit Insurance Corporation (NDIC), has advised depositors to patronise the existing Microfinance Banks (MFBs) in the country, saying they are safe for operations.
CBN to disburse lower currencies to microfinance banks
The Central Bank of Nigeria (CBN) says it has released guidelines for the disbursement of lower denominations of the Naira through microfinance banks (MFBs) across
Expert urges FG to establish independent regulator for microfinance banks
By Olamilekan FAWAS A financial expert, Mr Ajayi Godfrey, on Wednesday called on the Federal Government to establish an independent regulatory body to oversee the
