Microfinance Banks

CBN revokes licence of 179 MfBs, expert weighs implications

THE Central Bank of Nigeria (CBN) has revoked the operating licences of 179 microfinance banks (MfBs), four primary mortgage...

Do not patronise these micro-finance banks, CBN warns

THE Central Bank of Nigeria (CBN) has revoked the operating licenses of 42 micro-finance banks. This was made known in...
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Finance Minister Urges CBN To Extend BVN To Microfinance Banks

The Minister said the move will make for the easy detection of bank accounts that are being operated in such banks by ghost workers and other syndicates.

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