By InvestAdvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc Tuesday announced the appointment of a new Non-Exectuive Director to its Board by the name of Allan Michael Low. The Bank notified the Migerian Stock Exchange (NSE) that the Central Bank of Nigeria (CBN) has approved the appointment of Allan Christopher Michael Low as […]
Tag: Central Bank of Nigeria
CBN to release microfinance bank bail-out plan September
The Central Bank of Nigeria has concluded plans to roll out framework for the disbursement of specialised fund meant to assist microfinance banks with liquidity problems. The Director, Other Financial Institutions Department of the CBN, Mr. Olufemi Fabanwo, made the disclosure during an interview with journalists at the opening session […]
FG to strengthen microfinance banks
Nigerian Deposit Insurance Company on Thursday said that the Federal Government had concluded plans to address the challenges facing the microfinance banks. Managing Director and Chief Executive Officer of NDIC, Mr. Umaru Ibrahim, made the disclosure at the opening of a two-day workshop organised for operators in the microfinance banking […]
