NDIC begins process of paying depositors of 3 failed microfinance banks
The Nigeria Deposit Insurance Corporation (NDIC) has begun the process of paying depositors in 3 failed micro-finance banks.
Tag: Micro-finance banks
NDIC settles over 500,000 failed DMB, MFB depositors
The Nigeria Deposit Insurance Corporation has disclosed that it has refunded over N526, 414 depositors of closed Deposit Money Banks.
NDIC: 153 Micro-finance Banks’ licenses revoked in 2018
NDIC has revealed that the licenses of 153 Micro-Finance Banks (MFBs) were revoked in 2018 with cumulative ₦116.2 billion paid ...
CBN mandates microfinance banks to get 64 new customers per month
@cenbank has set new targets for Microfinance banks in order to accelerate its financial inclusion strategy.
