• NEWS
    • Politics
      • World News
    • Business
    • Sport
    • Entertainment
    • Health
  • Election 2023
  • Journalist Hangout
  • Issue With Jide
  • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Privacy Policy
    • Cookies Policy
Sunday, April 2, 2023
  • Login
TVC News
  • NEWS
    • Politics
      • World News
    • Business
    • Sport
    • Entertainment
    • Health
  • Election 2023
  • Journalist Hangout
  • Issue With Jide
  • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Privacy Policy
    • Cookies Policy
No Result
View All Result
  • NEWS
    • Politics
      • World News
    • Business
    • Sport
    • Entertainment
    • Health
  • Election 2023
  • Journalist Hangout
  • Issue With Jide
  • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Privacy Policy
    • Cookies Policy
No Result
View All Result
TVC News
No Result
View All Result

CBN revokes licenses of 154 microfinance banks, 28 others

CBN revokes licenses of 154 microfinance banks, 28 others

The Central Bank of Nigeria has revoked the operating licences of 182 financial institutions in the country.

According to the Apex bank, 154 of the affected institutions are microfinance banks, six are primary mortgage banks while the remaining 22 are finance companies.

The CBN said 62 of the microfinance banks had already closed shop; 74 became bankrupt, 12 were terminally distressed while six voluntarily liquidated.

The apex bank says the affected financial institutions are from different states of the federation.

Advertisement
Next Post
Nigeria @ 58: 2 Air Force officers cheat death as rehearsal aircraft crash in Abuja

Nigeria @ 58: 2 Air Force officers cheat death as rehearsal aircraft crash in Abuja

Leave a Reply Cancel reply

Your email address will not be published.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

YouTube player
Nigeria News

We bring you all the latest and breaking news happening in Nigeria. You will also find interesting headline topics from news from around the world on different topical issues in Politics, Health, Business, Entertainment, Environment, Sports, and more.

Follow Us

  • HOME
  • Privacy & Policy
  • ADVERT RATE
  • Contact

© 2022 TVC Communications - Owner of TVC News

No Result
View All Result
  • NEWS
    • Politics
      • World News
    • Business
    • Sport
    • Entertainment
    • Health
  • Election 2023
  • Journalist Hangout
  • Issue With Jide
  • Trending Video
  • More
    • Advert Rate
    • Contact Us
    • Privacy Policy
    • Cookies Policy

© 2022 TVC Communications - Owner of TVC News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In