Business Hilights

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microfinance banks

‘If CBN can inject N786bn in one bank, it can save 154 MfBs with just N5bn each—Expert

Lagos development economist, Dr. Segun Arogundade, has described the insolvency and revocation of financial institutions’ including Micro Finance Banks, Finance Houses and Mortgage Banks as very wrong signals for small business operators including Micro Small and Medium Enterprises (MSMEs). In…