Tag: Microfinance Banks

Amid scarcity of new Naira notes, POS operators recount survival battles

On October 26, 2022, the Central Bank of Nigeria (CBN) announced the introduction of newly designed N200, N500,…

Northern states are financially marginalized, Arewa Consultative Forum tells CBN governor

The Arewa Consultative Forum (ACF) has forwarded a letter to the governor of the Central Bank of Nigeria,…

CBN withdraws operating licenses of 42 microfinance banks (Full List)

The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected…