132 microfinance banks, three finance businesses, and four major mortgage banks have had their operational licenses revoked by the Central Bank of Nigeria (CBN). The top bank’s governor, Godwin Emefiele, canceled the banks’ licenses on Monday, according to the federal government’s official gazette. Emefiele terminated the licenses in accordance with the powers granted to the … Continue reading CBN Revokes Licenses Of 132 Microfinance Banks, Others