CBN Unveils Full List Of Revoked 132 Microfinance Banks’ Licences
CBN Governor, Godwin Emefiele, has revoked the licences of 132 microfinance banks in Nigeria. He said they were revoked in the exercise of the powers conferred on the apex bank under Section 12 of BOFIA 2020, Act No. 5.
See below the full list of the affected banks and financial institutions:
S/N Name Of Institution
ATLAS MICROFINANCE BANKBLUEWHALES MICROFINANCE BANKEVEREST MICROFINANCE BANKIGANGAN MICROFINANCE BANKMAINSAIL MICROFINANCE BANKMERIT MICROFINANCE BANKMINNA MICROFINANCE BANKMUSHARAKA MICROFINANCE BANKNOPOV MICROFINANCE BANKOHON MICROFINANCE BANKPREMIUM MICROFINANCE BANKROYAL MICROFINANCE BANKSTATESMAN MICROFINANCE BANKSUISSE MICROFINANCE BANKVIBRANT MICROFINANCE BANKVIRTUE MICROFINANCE BANKZAMARE MICROFINANCE BANKNORTH CAPITAL MICROFINANCE BANKCHIDERA MICROFINANCE BANKEXCELLENT MICROFINANCE BANKNI’IMA MICROFINANCE BANKCOSMOPOLITAN MICROFINANCE BANKPROGRESSIVE LINK MICROFINANCE BANKTRUST ONE (FOMERLY DESMONARCHY)EKUOMBE MICROFINANCE BANKFIRST INDEX MICROFINANCE BANKOLA MICROFINANCE BANKULI MICROFINANCE BANKVERDANT MICROFINANCE BANKAGULERI MICROFINANCE BANK LIMITED 31. APEKS MICROFINANCE BANK LIMITEDFAHIMTA MICROFINANCE BANK LIMITEDMANNY MICROFINANCE BANK LIMITEDREALITY MICROFINANCE BANK LIMITEDSURBPOLITAN MICROFINANCE BANK LIMITEDONYX MICROFINANCE BANK LIMITEDOSINA MICROFINANCE BANK LIMITEDOLOFIN-OWENA MICROFINANCE BANK LIMITEDZIKADO MICROFINANCE BANK LIMITEDPRUDENTIAL CO-OPERATIVE MICROFINANCE BANK LIMITEDPENIEL MICROFINANCE BANK LIMITEDTARABA MICROFINANCE BANK LIMITEDBRASS MICROFINANCE BANK LIMITEDMICHIKA MICROFINANCE BANK LIMITEDNDIAGU MICROFINANCE BANK LIMITEDNORTHBRIDGE MICROFINANCE BANK LIMITEDFCT MICROFINANCE BANK LIMITEDOMU-ARAN MICROFINANCE BANK LIMITEDCHERISH MICROFINANCE BANK LIMITEDBIPC MICROFINANCE BANK LIMITEDDANELS GLOBAL MICROFINANCE BANK LIMITEDBANCORP MICROFINANCE BANK LIMITEDMANNA MICROFINANCE BANK LIMITEDMONEYWISE MICROFINANCE BANK LIMITEDMERCURY MICROFINANCE BANK LIMITEDNEW AGE MICROFINANCE BANK LIMITEDPEARL MICROFINANCE BANK LIMITEDZAWADI MICROFINANCE BANK LIMITEDSEED CAPITAL MICROFINANCE BANK LIMITEDEDUEK MICROFINANCE BANK LIMITEDEKSU MICROFINANCE BANK LIMITEDDAKINGARI MICROFINANCE BANK LIMITEDOGOJA MICROFINANCE BANK LIMITEDNWABOSI MICROFINANCE BANK LIMITEDNUTURE MICROFINANCE BANK LIMITEDACTIVE POINT MICROFINANCE BANK LIMITEDAMOYE MICROFINANCE BANK LIMITEDBOLUWADURO MICROFINANCE BANK LIMITEDIYEDE MICROFINANCE BANK LIMITEDMAYFAIR MICROFINANCE BANK LIMITEDCALABAR MICROFINANCE BANK LIMITEDIGHOMO MICROFINANCE BANK LIMTEDHACKMAN MICROFINANCE BANK LIMITEDIDESE MICROFINANCE BANK LIMITEDBRIDGEWAY MICROFINANCE BANK LIMITEDGRASSROOT MICROFINANCE BANK LIMITEDSURELIFE MICROFINANCE BANK LIMITEDTIJARAH MICROFINANCE BANK LIMITEDIC-GLOBAL MICROFINANCE BANK LIMITEDEJIAMATU MICROFINANCE BANK LIMITEDBRIYTH COVENANT MICROFINANCE BANK LIMITEDNANKA MICROFINANCE BANK LIMITEDCUB MICROFINANCE BANK LIMITEDBFL MICROFINANCE BANK LIMITEDUMUNNE MICROFINANCE BANK LIMITEDOROKE MICROFINANCE BANKALKALERI MICROFINANCE BANK LIMITEDCROWNED EAGLE MICROFINANCE BANK LIMITEDUNIFA MICROFINANCE BANK LIMITEDDADINKOWA MICROFINANCE BANK LIMITEDIFESOWAPO MICROFINANCE BANK LIMITEDOAF MICROFINANCE BANK LIMITEDBAMA MICROFINANCE BANK LIMITEDNGALA MICROFINANCE BANK LIMITEDIWOAMA MICROFINANCE BANK LIMITEDKADA MICROFINANCE BANK LIMITEDKEFFI MICROFINANCE BANK LIMITEDNUT-ENDWELL MICROFINANCE BANK LIMITEDFIRST MULTIPLE MICROFINANCE BANK LIMITEDSBDC MICROFINANCE BANK LIMITEDOROS CAPITAL MICROFINANCE BANK LIMITEDOZIZZA MICROFINANCE BANK LIMITEDPRIMERA CREDIT MICROFINANCE BANK LIMITEDIFEANYICHUKWU MICROFINANCE BANK LIMITEDIHIOMA MICROFINANCE BANK LIMITEDJOSAD MICROFINANCE BANK LIMITEDAKPO MICROFINANCE BANK LIMITEDAIYEPE MICROFINANCE BANK LIMITEDABC MICROFINANCE BANK LIMITEDSTAR MICROFINANCE BANK LIMITEDPURPLE MONEY MICROFINANCE BANK LIMITEDUTUH MICROFINANCE BANK LIMITEDSTALLION MICROFINANCE BANK LIMITEDKJL MICROFINANCE BANK LIMITEDCREDIT AFRIQUE MICROFINANCE BANK LIMITEDCOWRIES MICROFINANCE BANK LIMITEDLAWEBOD MICROFINANCE BANK LIMITEDMABINAS MICROFINANCE BANK LIMITEDBUSINESS SUPPORT MICROFINANCE BANK LIMITEDOGBE-AHIARA MICROFINANCE BANK LIMITEDOLOFIN MICROFINANCE BANK LIMITEDOBOSI MICROFINANCE BANK LIMITEDFIYINFOLU MICROFINANCE BANK LIMITEDBISHOPGATE MICROFINANCE BANK LIMITEDAWKA MICROFINANCE BANK LIMITEDZIGATE MICROFINANCE BANK LIMITEDESAN MICROFINANCE BANK LIMITEDENUGU-UKWU MICROFINANCE BANK LIMITEDECHO MICROFINANCE BANK LIMITEDALLY MICROFINANCE BANK LIMITEDNETWORK MICROFINANCE BANK LIMITEDAWGBU MICROFINANCE BANK LIMITED
SCHEDULE II
LIST OF FINANCE COMPANIES LICENCES REVOKED
S/N Name Of Institution
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HHL Invest & Trust LimitedTFS Finance LimitedTreasures & Trust Limited
SCHEDULE III
LIST OF PRIMARY MORTGAGE BANKS LICENCES REVOKED
S/N Name Of Institution
RESORT SAVINGS & LOANSSAFETRUST MORTGAGE BANKADAMAWA SAVINGS & LOANSKOGI SAVINGS & LOANS
