Tag: Microfinance Banks

CBN warns Microfinance Banks against prohibited forex, wholesale banking transactions

The Central Bank of Nigeria (CBN) has issued a warning to Microfinance…

Farouk Mohammed Farouk Mohammed

NDIC: CBN revokes licenses of 42 microfinance banks

The Nigeria Deposit Insurance Corporation (NDIC) has announced that the Central Bank…

Farouk Mohammed Farouk Mohammed

CBN Revokes Licences of Nine Microfinance Banks in Niger State

The National Association of Micro Finance Banks on Monday said that nine…

Farouk Mohammed Farouk Mohammed

CBN Unveils Guidelines For Non-interest Microfinance Banks

The Central Bank of Nigeria (CBN) Wednesday released a draft guidelines on…

Farouk Mohammed Farouk Mohammed