CBN revokes licenses of 132 microfinance banks, others

The Central Bank of Nigeria has revoked the operating licenses of 132 microfinance banks in the country,  alongside those of four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on Tuesday. The gazette stated that the … Continue reading CBN revokes licenses of 132 microfinance banks, others