FULL LIST: CBN revokes licences of 46 microfinance banks

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks. The apex bank announced this in a statement issued by Sidi-Ali Hakama, its Acting Director, Corporate Communications. The statement said the revocation, which took effect from July 1, 2026, was as a result of failure of the affected banks to […]