The Central Bank of Nigeria has granted a national banking licence to Fortis Microfinance Bank Plc.
The approval was confirmed by the Chairman of the bank, Mr. Felix Achibiri, while speaking during the bank’s Annual General Meeting held on Tuesday in Abuja.
He said with the national banking licence, the bank, which he described as the largest MFB in Abuja and the North Central Region, would be able to provide more credits to business enterprises across the country.
Achibiri said the national banking licence would also enable the bank to drive the financial inclusion programme of the CBN across the country by providing financial services to all the states of the federation.
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