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CBN Revokes Licences of 46 Microfinance Banks

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BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026, as...

FULL LIST: CBN revokes licences of 46 microfinance banks

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The Central Bank of Nigeria (CBN) has released the names of the 46 microfinance banks whose operating licences were revoked for failing to meet...

CBN to revise rules governing financial holding companies

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The Central Bank of Nigeria (CBN) has proposed the revision of the regulatory framework governing financial holding companies to bolstering the resilience and stability...