NDIC begins liquidation of 46 microfinance banks after CBN revoked licences

July 1, 2026 News

NDIC: Over 98 percent of depositors fully covered against bank failure

The Nigeria Deposit Insurance Corporation (NDIC) says it has commenced the liquidation of the 46 microfinance banks (MFBs)…

The post NDIC begins liquidation of 46 microfinance banks after CBN revoked licences appeared first on TheCable.

About admin

Check Also

‘I was asked to clean blood-stained floor after giving birth’ — repatriated Nigerian alleges mistreatment in South Africa

More Nigerians repatriated from South Africa have come forward with accounts of alleged discrimination and …

Leave a Reply

Your email address will not be published. Required fields are marked *