Following the revocation of licenses of 179 Microfinance Banks, MFBs, and four
Primary Mortgage Banks, PMBs, by the Central Bank of Nigeria, CBN, the
Nigeria Deposit...
The Nigeria Deposit Insurance Corporation, NDIC, said it has developed a Single Customer View, SCV, platform to be deployed to microfinance banks, MFBs, to...
The Nigeria Deposit Insurance Corporation has said that 467 banks have either been liquidated or undergoing the process of complete liquidation by the corporation.
The...
The Central Bank of Nigeria has warned microfinance banks against performing certain non-permissible activities, including wholesale backing and foreign exchange transactions.
This was contained in...
The Nigeria Deposit Insurance Corporation, NDIC, has commenced the closure of 42 Microfinance Banks, MFBs, which operating licences were recently revoked by the Central...
The Nigeria Deposit Insurance Corporation, NDIC, is set to revoke licences of 37 Micro Finance Banks,MFBs, due to their inability to meet necessary regulatory...
