Microfinance Banks (MfBs) Archives - Peoples Gazette Nigeria

Friday, June 26, 2026

December 16, 2023

NDIC pays over N1.7 billion to customers of closed microfinance, mortgage banks

Mr Hassan recalled that the Central Bank of Nigeria (CBN) revoked the licences of 183 microfinance banks and primary mortgage banks.

August 17, 2023

Mr Hasan noted that through collaborative efforts of agencies, 12 prosecution cases were currently ongoing at various courts.

July 16, 2023

Loan sharks are digital lending platforms that offer loans at extremely high-interest rates and often use threats to collect debts.

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