Tag: Microfinance banks

CBN vows to sanction Microfinance banks over late submission of monthly returns

Gwamcee News The Central Bank of Nigeria has vowed to sanction development finance institutions, primary mortgage banks, and microfinance banks regarding the timely submission of...

CBN revokes licenses of 132 microfinance banks, others

The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 microfinance banks in the country, alongside those of four primary mortgage...

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