15 states receive a boost as CBN grants 28 new licences to microfinance banks

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TELIAT SULE

The financial sectors of 15 states in Nigeria received a boost in 2017 as the Central Bank of Nigeria (CBN) granted 28 new licences to microfinance banks (MfBs), a development that increased the number of microfinance banks in the country to 1,008, an increase of 3 percent over…



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