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CBN Cautions MFBs On Non-Permissible Transactions, Threatens Sanctions

The Central Bank of Nigeria has issued a circular to guide licensed Microfinance Banks (MFBs) on financial activities they cannot carry out in their financial operations. The apex bank, in a circular signed by Ibrahim Tukur for Financial Policy and Regulations Department issued on Thursday cautioned the MFBs to desist from offering non-permissible activities, especially […]