CBN revokes licences of 46 microfinance banks over regulatory breaches
By Abiodun Folarin WorldStage-- The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs) ...
Tag: Microfinance Banks
NDIC begins final liquidation of 89 defunct Microfinance, Mortgage Banks
By Abiodun Folarin WorldStage-- Nigeria’s banking sector is entering a decisive cleanup phase as the Nigeria Deposit Insurance Corporation (NDIC), ...
MFB deposits jump by 168% to N1.25trn
WorldStage Newsonline-- The Microfinance Banks (MFB) has recorded impressive performance in all key assessment parameters with the total deposits surging ...
CBN to sanction MfBs over late, non-rendition of statutory monthly returns
WorldStage Newsonline-- The Central Bank of Nigeria (CBN), has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory ...
