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Which of the following is NOT among the financial institutions in Nigeria?

Which of the following is NOT among the financial institutions in Nigeria?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Federal Mortgage Bank
  • B Microfinance Banks
  • C Insurance Banks
  • D Federal Ministry of Finance
Correct Answer: Option D
Explanation:
The major categories of financial institutions include central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, investment companies, brokerage firms, insurance companies, and mortgage companies.

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