Godwin Emefiele disclosed this at the Monetary Policy Committee meeting on Tuesday, 27th July 2021....
The CBN receives about 574 license applications from BDCs every month....
NIPC disclosed the full list of the companies in its report on pioneer status incentive applications for Q2 2021....
Emefiele said the decision was based on BDC operators’ involvement in illegal financial flows and money laundering....
This disclosure is contained in a document obtained from the Federal Ministry of Finance, Budget and National Planning....
This was disclosed via a statement issued by the apex bank's Acting Director of Corporate Communications Department....
The council also warned that failure to comply with the directive is a “punishable offence”....
The Chairman of ALTON said that the new CBN models would slow down financial inclusion penetration....
The agency still has 7,902 outstanding obligors....
President Muhammadu Buhari had said Nigeria lost $3 billion to illegal gold trade between 2012 and 2018....
