The Nigeria Deposit Insurance Corporation (NDIC) has started the process of liquidating 46 microfinance banks whose operating licenses were revoked by the Central Bank of Nigeria (CBN). In a statement released on Wednesday, July 1st, the NDIC stated that it has taken control of the assets and operations of the affected institutions, in accordance with…...
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Nigeria: Repayments begin after closure of 46 banks by Central Bank
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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