The Nigeria Deposit Insurance Corporation (NDIC) will commence the verification of claims by depositors of the three Micro-finance Banks (MFBs) whose licences were revoked by the...
The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the recapitalisation of Microfinance Banks (MFBs) with immediate effect. This followed the...
Even with a consistent decline in the last three years, Nigeria’s non-performing loans ratio is still one of the highest among peers in Africa at 10th...
The Nigeria Deposit Insurance Corporation Thursday said it had started paying depositors of 154 Micro Finance Banks that the Central Bank of Nigeria revoked their licences...
Former Vice President, Alhaji Atiku Abubakar has vowed not to award the Ministry of Petroleum Resources or that of Education to himself as minister because he...
A new controversy may be brewing within the financial circle as the Central Bank of Nigeria (CBN) has concluded plans to reverse the policy on funding...
