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CBN unveils online platform for microfinance banks’ licence applications

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The Central Bank of Nigeria (CBN) has unveiled a new online platform for the submission licence applications by microfinance banks in the country. The CBN...

NDIC: We’ll probe directors, managers of 183 MFBs, PMBs

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The Nigeria Deposit Insurance Corporation (NDIC) will begin the investigation of the directors and officers of the 183 banks whose licences were revoked earlier...

CBN revokes 179 microfinance banks’ licences

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The Central Bank of Nigeria (CBN) has revoked the operating licenses of no fewer than 179 microfinance banks in the country. This was made known...

New naira notes: Zulum orders launch of microfinance banks in Borno‘s...

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Borno State Governor, Babagana Zulum, has directed the state Ministry of Finance and that of Higher Education, Science, Technology and Innovation to hastily establish...
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