Metro
CBN Appoints NDIC To Liquidate 46 Microfinance Banks
Following the revocation of licences of some micro finance banks in the country, the apex bank has appointed the Nigeria Deposit Insurance Corporation, NDIC as the official liquidator. The apex said its action is pursuant to Section 12 (2) of BOFIA 2020, and Section 55 (1 & 2) of the NDIC Act 2023. On Wednesday, […]
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