Tag: CBN
List of Microfinance Banks CBN revoked their licenses
Few days ago the CBN revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. [more…]
Breaking: CBN increases interest rate to 18%
Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18. percent This was [more…]