Business
CBN revoke licences of 46 microfinance banks over failure to meet regulatory requirements
The Central Bank of Nigeria (CBN) on Wednesday, July 1, revoked the operating licences of 46 Microfinance Banks (MFBs), citing their failure to ...
Business
CBN direct banks to restrict certain services for large-ticket borrowers with non-performing loans
The Central Bank of Nigeria (CBN), on March 12, directed banks to restrict access to certain banking services for large-ticket borrowers with non-performing ...
Business
NDIC to pay depositors of Aso, Union Homes Savings up to N2m each following bank liquidation, closure
The Nigeria Deposit Insurance Corporation (NDIC) announced on Tuesday, December 16, in Abuja, that depositors of Aso Savings and Loans Plc and Union ...
