CBN revokes licence of Express Discount House

The Central Bank of Nigeria (CBN) Friday revoked the operating licence of Express Discount Limited (EDL) due to the inability of its shareholders to inject a minimum capital injection of N21 billion to enable the company continue in business. This is in pursuant to Section 2 paragraph (d) of the CBN Act, 2007 which confers […]

CBN revokes licence of Express Discount House

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