Why we revoked the licences of 46 microfinance banks – CBN

46 microfinance banks (MFBs) have had their operating licences revoked by the Central Bank of Nigeria (CBN). The apex bank said some of the institutions no longer met the conditions required to operate as licensed financial institutions.

Why we revoked the licences of 46 microfinance banks – CBN












46 microfinance banks (MFBs) have had their operating licences revoked by the Central Bank of Nigeria (CBN). The apex bank said some of the institutions no longer met the conditions required to operate as licensed financial institutions.

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