Saturday, April 20, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "MicroFinance Banks"

Avoid loan sharks, leverage on microfinance banks, Emefiele tells Nigerians

    Avoid loan sharks, leverage on microfinance banks, Emefiele tells Nigerians

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigerians should beware of illegal money lenders, known as loan sharks. Emefiele said this on Tuesday at the end

0 comment Read Full Article

CBN threatens to revoke licences of microfinance banks engaging in FX transactions

    CBN threatens to revoke licences of microfinance banks engaging in FX transactions

The Central Bank of Nigeria (CBN) has threatened to revoke licences of microfinance banks dealing in foreign exchange (FX) transactions. The apex bank issued the warning in a circular signed

0 comment Read Full Article

Immediate and long term sustainability for microfinance in the age of disruption

    Immediate and long term sustainability for microfinance in the age of disruption

Early in 2021, I granted an interview to a media platform. The last question of that interview session was about my advice to the operators and regulators of the microfinance

0 comment Read Full Article

Reps ask CBN to suspend recapitalisation of microfinance banks

    Reps ask CBN to suspend recapitalisation of microfinance banks

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the planned recapitalisation of microfinance banks (MFBs) until the economy stabilises and considered safe for a

0 comment Read Full Article

CBN revokes licences of 42 microfinance banks

  CBN revokes licences of 42 microfinance banks

The Central Bank of Nigeria (CBN) has revoked the operating licences of 42 microfinance banks (MFBs). The Nigeria Deposit Insurance

0 comment Read Full Article

Need smaller naira notes? You can now get up to N10k in microfinance banks as a non-customer

  Need smaller naira notes? You can now get up to N10k in microfinance banks as a non-customer

The Central Bank of Nigeria (CBN) says non-customers of microfinance banks can now exchange as high as N10,000 to smaller

0 comment Read Full Article

CBN revokes licences of nine microfinance banks in Niger

  CBN revokes licences of nine microfinance banks in Niger

The National Association of Microfinance Banks says that nine out of the 34 microfinance banks in Niger have lost their

0 comment Read Full Article

CBN revokes licences of 182 financial institutions

The Central Bank of Nigeria (CBN) has announced that it would revoke the operating licences of 182 other financial institutions

0 comment Read Full Article

‘Microfinance banks have impacted more lives than commercial banks’

  ‘Microfinance banks have impacted more lives than commercial banks’

Adegoke Elijah Adegbami, a financial management consultant who is also one of the pioneers in microfinance bank management in Nigeria,

0 comment Read Full Article

No more withdrawals from Jan 1, CBN tells microfinance bank customers without BVN

  No more withdrawals from Jan 1, CBN tells microfinance bank customers without BVN

The Central Bank of Nigeria says from January 1, customers of microfinance banks and other financial institutions (OFIs) without the

0 comment Read Full Article
error: Content is protected from copying.