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Branchless Banking Transactions surpass 1 billion in Single Quarter in Pakistan
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CBN to sanction MfBs over late, non-rendition of statutory monthly returns
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CBN To Sanction MfBs Over Late, Non Rendition Of Statutory Monthly Returns
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The Central Bank of Nigeria (CBN, has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory monthly returns through FinA application. This is contained in a circular signed by Valentine Ururuka, the Director, Financial Policy and Regulation Department of the apex bank addressed to all MfBs. According to Ururuka, the CBN has observed