BUSINESSJul 1 · 22:08 UTCPREMIUM TIMES NIGERIAEzekiel Oyero

NDIC begins payout to depositors after CBN revokes licences of 46 microfinance banks

The Nigerian Deposit Insurance Corporation (NDIC) has started paying depositors after the Central Bank of Nigeria (CBN) revoked the licenses of 46 microfinance banks. The affected banks are no longer authorized to operate as licensed financial institutions in Nigeria.

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Nigerian Deposit Insurance CorporationorganizationCentral Bank of Nigeriaorganizationmicrofinance banksorganizationNigeriaplace

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