FULL LIST: Why CBN Revoked Licences of 46 Microfinance Banks The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country over their failure to comply with key regulatory requirements. The apex bank said the revocation took effect from July...

A workshop that was recently organized by the Nigeria Deposit Insurance Corporation (NDIC) for operators in the microfinance banking sub-sector could not have come at a better time. The capacity building programme was part of the efforts by regulatory and supervisory authorities to transform...