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Gombe marketers applaud CBN for direct disbursement of lower denominations

Gombe marketers applaud CBN for direct disbursement of lower denominations

By Charles Agwam – Gombe An amalgamated association of marketers and business owners in Gombe state, has applauded the Central Bank of Nigeria (CBN), for direct intervention on lower denomination banknotes. In recognition of the important role small and medium scale businesses play in economic recovery, the management of CBN has decided to approve direct […]

Less than 1% MfBs has national licences

Less than 1% MfBs has national licences

Less than one percent of Microfinance Banks, MfBs, licenced by the Central Bank of Nigeria, CBN, have national licence to operate in the country.