There are strong indications that about 70 percent of 900 Microfinance banks (MFBs) may not have met the recapitalisation requirements of the Central Bank of Nigeria (CBN) BusinessDay has gathered.
Investigation by Businessday show that majority of the Unit licence MFBs are affected. There are over
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
