Experts stand with Senate against hike in new minimum capital for MfBs
Even before the Senate Committee on Banking, Insurance and Other Financial Institutions expressed concern over the decision of the Central Bank of Nigeria (CBN) to increase the minimum capital base of micro finance banks (MFBs), industry experts have called for…
Unmeetable conditions, throat-cutting interest rates deny MFBs intervention funds—Ekete
Fresh facts have emerged as to what had been frustrating the ability of Micro Finance Banks (MFBs) from accessing several interventions funds brought to the market by Central Bank of Nigeria (CBN), Bank of Industry (BoI), Development Bank of Nigeria…
CBN sets money laundering radar on MFBs, OFIs, may revoke licences if…
Relying on recent revelation by the Minister of Finance, Mrs. Kemi Adeosun that looters of the treasury may have moved their illicit trade to Micro Finance Banks (MFBs) and other financial institutions (OFIs), due to the water tight blockage placed…
