CBN Revokes Licences Of 46 Microfinance Banks

Thu, 02 Jul 2026 12:15:41 +0000

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The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks as part of its regulatory oversight of the financial sector. The action is aimed at strengthening financial stability, ensuring compliance with banking regulations, and protecting the integrity of Nigeria's financial system

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