Banking

CBN Revokes Aso Savings, Union Homes Licences Over Capital Breaches

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing the need to strengthen the mortgage sub-sector and enforce strict compliance with regulatory requirements. Mortgage banks play a critical role in providing home loans and housing finance products, and are […]