
Nigeria Deposit Insurance Corporation (NDIC) said that it has commenced the process of liquidating 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs). This followed...

The House of Representatives wants the Central Bank of Nigeria (CBN) to suspend the recapitalisation of microfinance banks (MFBs) in the country. The lawmakers of the...

Nigeria Deposit Insurance Corporation (NDIC) has commenced verification and payment of insured depositors in 33 of the 83 Micro-Finance Banks whose licences were revoked in...

One Network, an industry-focused organisation, recognised by the Central Bank of Nigeria (CBN) as agent manager, has said that Nigeria is overdue for Agent Bank scheme....