In May 2023, the Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, 4 primary mortgage banks, and 3 finance companies in the country. The revocation exercise was disclosed in the official gazette of
We covered the meaning of microfinance bank, types of microfinance banks in Nigeria, requirements for setting up microfinance bank and the limitations of microfinance banks in Nigeria. INTRODUCTION The Microfinance Policy, Regulatory and Supervisory Framework was
This post is a guild for all that have interest to trade or Purchase Crude Oil in/ from Nigeria. It covers the statutory requirements for both Nigerians and foreign companies, the available options to get Crude Oil,