NDIC Warns Against Transactions with 46 Closed Microfinance Banks

Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public against carrying out any transactions with the 46 microfinance banks whose operating licences were revoked by the Central Bank of Nigeria (CBN). The corporation issued the warning on Thursday following the revocation of the licences by the CBN on July 1, 2026. In a

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