CBN revokes operating licenses of 46 MfBs for regulatory requirements failure

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CBN revokes operating licenses of 46 MfBs for regulatory requirements failure

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Sidi-Ali said that the action was in accordance with CBN’s powers under sections 12 and 13 of the Banks and Other Financial Institutions Act (BOFIA), 2020.

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Full list of 46 microfinance banks CBN revoked their licences

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CBN revokes operating licenses of 46 MfBs for regulatory requirements failure

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Full list of 46 microfinance banks CBN revoked their licences

JUST IN: CBN revokes licences of 46 microfinance banks

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