National Mfbs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from National mfbs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In National Mfbs Today - Breaking & Trending Today

Labeling CBN governor terrorist sponsor a shame — SMBLF

The Chief Edwin Clark-led Southern and Middle Belt Leaders’ Forum (SMBLF) has described as a shame, the attempt to label the governor of the Central Bank ....

Middle Belt , Nigeria General , Abuja Federal Capital Territory , Kano State , Bayelsa State , Pogu Bitrus , Hajia Zainab Ahmed , Muhammadu Buhari , Okey Emuchay , Lawal Musa Daura , Matthew Seiyefa , Yusuf Bichi , Yusuf Magaji Bichi , Justice John Tsoho , Ayo Adebanjo , Yemi Osinbajo , Emefiele Godwin , Walter Onnoghen , Godwin Emefiele , Belt Leader Forum , Department Of State Services , Governor Of Central Bank , Central Bank , National Planning , Department State Services , Justice Court ,

Regulation Of Lending In Nigeria - Finance and Banking

The business of lending in Nigeria has evolved from the traditional system to a more flexible and digitally enabled system for a faster and more convenient process. ....

Lagos State , Lagos State Ministry Of Home Affairs , Central Bank , Company Finco , Ministry Of Home Affairs , National Mfbs , Nigeria Domestic Credit , Money Lenders , Lagos State Moneylenders , Home Affairs , Lagos State Ministry , Regulation Of Lending In Nigeria , Finance And Banking , Financial Services , Fin Tech ,

Suspend microfinance banks recapitalisation, Reps urge CBN

Punch Newspapers
Sections
Published 28 April 2021
The House of Representatives has urged the Central Bank of Nigeria to suspend the ongoing recapitalisation exercise for microfinance banks in the country until the economy gets better.
At the plenary on Wednesday, the House unanimously adopted a motion moved by the Vice Chairman of the House Committee on Finance, Saidu Abdullahi, titled ‘Urgent Need for the Central Bank of Nigeria to Suspend the Deadline for Recapitalisation of Microfinance Banks.’
Consequently, the House urged the CBN to “suspend the planned recapitalisation program until the economy stabilises and considered safe for a new deadline to be fixed.” ....

Smart Adeyemi , Remi Tinubu , Saidu Abdullahi , Central Bank , National Association Of Microfinance Banks , National Mfbs , Urgent Need For The Central Bank , House Committee On , Committee On Banking , Vice Chairman , House Committee , Urgent Need , Microfinance Banks , National Association , ரெமி தினுபு , சைய்து அப்துல்லாயி , மைய வங்கி , தேசிய சங்கம் ஆஃப் நுண்நிதி வங்கிகள் , வீடு குழு ஆன் , குழு ஆன் வங்கி , துணை தலைவர் , வீடு குழு , அவசரம் தேவை , நுண்நிதி வங்கிகள் , தேசிய சங்கம் ,

Reps ask CBN to suspend recapitalisation of microfinance banks

Advertisement
This follows a motion by Saidu Abdullahi, vice-chairman of the house committee on finance, during plenary on Wednesday.
In October 2018, CBN reviewed the minimum share capital requirement of the three categories of MFBs: Unit MFBs from N20 million to N200 million; state MFBs from N100 million to N1 billion; and national MFBs from N2 billion to N5 billion.
The following year, it reviewed the requirement with a view to ensuring continued operations of these banks in rural, unbanked and underbanked areas of the economy.
Advertisement
In April 2020, the apex bank revised the deadlines for MFBs recapitalisation due to the COVID–19 pandemic impacts. ....

Saidu Abdullahi , Central Bank , National Association Of Microfinance Banks , National Mfbs , National Association , Microfinance Banks , சைய்து அப்துல்லாயி , மைய வங்கி , தேசிய சங்கம் ஆஃப் நுண்நிதி வங்கிகள் , தேசிய சங்கம் , நுண்நிதி வங்கிகள் ,