Central BanksHigh impact
CBN revokes licences of46 MfBs over weak assets
The Nation Newspaper·14 hours ago·Global·1 min read
Source: The Nation Newspaper
• Appoints NDIC liquidator for affected banks The Central Bank of Nigeria (CBN) yesterday revoked operating licenses of 46 Microfinance Banks (MfBs) over weak asset positions.
The licences withdrawals took immediate effect, and in line with CBN’s pow... [4341 chars]
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