NDIC Begins N2m Insured Deposit Payments to Customers of 46 Failed Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of insured deposits to customers of the 46 microfinance banks ...
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Tag: #MicrofinanceBanks
NDIC Begins Liquidation of 46 Microfinance Banks as Deposit Insurance Actions Intensify
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the orderly liquidation of 46 microfinance banks across the country following the ...
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Experts Urge CBN to Mandate Annual Financial Reports for Deposit-Taking Fintechs
Finance experts have called on the Central Bank of Nigeria (CBN) to require all deposit-taking fintech companies and microfinance banks ...
Read moreNDIC Begins Final Winding-Up of 89 Failed Microfinance Banks and 1 Mortgage Bank
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and ...
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