The Commerce Africa African Reneissance
The Central Bank of Nigeria has revoked the operating licences of 42 microfinance banks in the country. The Nigeria Deposit Insurance Corporation disclosed this on Friday in an announcement on its website titled ‘Notice of closure of 42 microfinance banks’. It stated, “This is to inform the depositors, creditors, shareholders …
Read More »CBN Revokes 42 Microfinance Banks’ Licences, Depositors to Get Claims
