128

views
Unfave

CBN revokes operating licenses of 83 MFBs

CBN revokes operating licenses of 83 MFBs The Central Bank of Nigeria has announced the revocation of licenses of 83 Microfinance Banks  operating in the country. The closure of the affected institutions, according to the apex bank took effect from December 20, 2013. In view of the closure, the the Nigeria Deposit Insurance Corporation has been appointed the provisional liquidator for their... 
Read the rest of the story on The Punch News

Added February 20, 2014
from The Punch News