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NDIC to probe directors of 183 failed banks - The Street Journal

NDIC to probe directors of 183 failed banks - The Street Journal
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

Nigeria s Central Bank Revokes Operating Licenses Of 132 Microfinance Banks, Others

The Central Bank of Nigeria on Tuesday revoked the operating licenses of at least 132 microfinance banks in the country.   Four primary mortgage banks and three finance companies were also included.   The apex bank said the Microfinance Banks, Finance Companies and Primary Mortgage Banks have ceased to carry on, in Nigeria, the type of business for which their licences were issued for a continuous period of six months, The Nation reports.  

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