CBN revokes licences of 46 microfinance banks over regulatory breaches
Published on: Wednesday 01 July 2026
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country, citing multiple regulatory violations, including inadequate capital, insolvency, inactivity, and failure to commence operations.
News source: https://nairametrics.com/2026/07/01/cbn-revokes-licences-of-46-microfinance-banks-over-regulatory-breaches/
