The Central Bank of Nigeria (CBN) has formally distanced itself from Zuldal Microfinance Bank Limited, issuing a public warning that the organisation operates unlawfully and without any regulatory approval. In a detailed advisory released on Thursday, the Acting Director of Corporate Communications, Hakama Sidi Ali, cited the Banks and Other Financial Institutions Act (BOFIA) 2020. … Continue reading CBN Warns Public, Declares Zuldal Microfinance Bank an Illegal Operation