Tag: Microfinance banks
CBN unveils online platform for microfinance banks’ licence applications
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
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
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...
Borno State Governor, Babagana Zulum, has directed the state Ministry of Finance and that of Higher Education, Science, Technology and Innovation to hastily establish...