Desmond Mgboh, Kano Nigeria Deposit Insurance Corporation (NDIC), Wednesday, offered insights into why the Central Bank of Nigeria (CBN) revoked the licenses of 154 Micro Finance Banks (MFBs)  and six Primary Mortgage Banks (PMBs). Its Managing Director,  Umaru Ibrahim, said the revocation became necessary due to the erosion of their capital base, poor liquidity, inept […]
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