BREAKING: CBN Revokes Licences Of 46 Microfinance Banks Over Regulatory Breaches
July 01, (THEWILL) — The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs) across the country, citing their failure to meet key regulatory requirements for continued operation. The apex bank announced that the revocation took effect from July 1, 2026, following the approval of the CBN Governor, Mr […]
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