NDIC begins payouts to depositors of 46 failed microfinance banks following CBN licence revocations, while pursuing loan recoveries and asset sales to settle uninsured deposits
NDIC winding down failed microfinance banks as it begins final phase of closing 89 defunct MFBs and PMBs across Nigeria
CBN grants national licences to Moniepoint, Opay, Kuda Bank, Palmpay and Paga, allowing full nationwide operations under stricter rules