Economy

CBN Revokes Licences of 139 Microfinance, Primary Mortgage Banks

The Central Bank of Nigeria (CBN) says it has revoked the operating licences of 132 microfinance banks, three finance companies, and four primary mortgage banks. Godwin Emefiele, governor of the apex bank, revoked the licences of the institutions on Monday, an official gazette of the federal government said. Emefiele revoked the licences in exercise of […]