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List Of 47 Microfinance Banks Licences Revoked By CBN - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / List Of 47 Microfinance Banks Licences Revoked By CBN (66913 Views)

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Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Nobody: 4:35pm On May 24, 2023
I know Virtue MFB, Dolphin Estate must be among

2 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Topshow2010(m): 4:36pm On May 24, 2023
Naija sha ,imagine someone praying her microfinance where she took 500k loan is among ni undecided

1 Like

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Kaido: 4:37pm On May 24, 2023
Why didn't CBN revoke NIRSAL MFB licence? ☹️
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by safarilove(m): 4:37pm On May 24, 2023
see names biko..

2 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Ijaya123: 4:39pm On May 24, 2023
So how many are now left gan gan? 🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️

3 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Kaido: 4:40pm On May 24, 2023
safarilove:
see names biko..
If you make money, you fit open SAFARILOVE MICROFINANCE BANK grin

2 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by ebioloye: 4:41pm On May 24, 2023
Na wah o microfinance banks dey naija sha
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Menclothing: 4:41pm On May 24, 2023
What will happen to their customers deposits


Promo sales on men import cloths
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by coputa(m): 4:41pm On May 24, 2023
Millions of jobs will be lost,Why is our government so vindictive and insensitive.This action will further add to the numbers of unemployed Nigerians which will further saturate the already saturated unemployed market.

2 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Hotwest: 4:44pm On May 24, 2023
taylor89:
Why won’t there be millions of micro finance banks when the real banks are misbehaving


UBA don carry all my money buy suya for Wizkid


Every second debit card maintenance SME charge stamp duty

Guy I don tire
Exactly pack better money to give wizkid and covid-19 donations..And the idiot banks dont even give us a single kobo for savings...Only deductions! Opay and others even give daily cashbacks

3 Likes 1 Share

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Thegamingorca(m): 4:46pm On May 24, 2023
cheesy
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Judyik2002: 4:46pm On May 24, 2023
CBN should have done better by merging these institutions and managing them, while advertising for investors than just closing them and throwing their employees into the over saturated labour market in this country and at a period like this.
I wonder where these our leaders keep their so called academic learning and common sense when taking such senseless decisions, particularly when it has to do with the ordinary citizens.

4 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Thegamingorca(m): 4:49pm On May 24, 2023
Which one be chidera mfb lol

See ifeanyichukwu mfb

2 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by 8stargeneral: 4:54pm On May 24, 2023
I hate all these nonsense banks eeh

I said it one day yawa go gas grin
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by dappydozzy(m): 4:55pm On May 24, 2023
drizslim:
No fair money , opay, palmpay here

Seems they bribed their way out

It is not a matter of bribe, they are fintechs, they have their own special roles in a digital economy, it seems you dont understand finance, fintechs provide financial services to the unbanked.

2 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Nobody: 4:56pm On May 24, 2023
Oshogbo microfinance bank long over due.
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by AImiron: 4:57pm On May 24, 2023
ledaman:
Lolz! You better go and pay your loan
LMFAO, your condition no let you see the humor in the comments

3 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by gassbee: 5:01pm On May 24, 2023
Jahwinaboy:
That means dem no get much influence. Touch LAPO, touch wahala grin
if lapo misbehave, dem go treat him fk up
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by safarilove(m): 5:02pm On May 24, 2023
walahi! the name no be here
Kaido:

If you make money, you fit open SAFARILOVE MICROFINANCE BANK grin

1 Like

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by theamazonguru(m): 5:06pm On May 24, 2023
olyrayy:
Hope say Kuda no dey among?

Check well na them dey number 67.5

Relax oga.

Your money is safe with us

Kuda na baba
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Moniya4Real(m): 5:07pm On May 24, 2023
Can you imagine? . Osogbo micro finance bank, Cross river micro- finance bank. Iya Basirah micro- finance bank. Mummy Shukura Micro- finance bank… it is well.
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by OpinionCounts(m): 5:07pm On May 24, 2023
phorget:
Microfinance bank don plenty pass customers o. The problem with Nigeria is that we all want to become the ”BUS”(boss), if we all become ”busess” then who's gonna be the conductor? undecided

How can people wanting to be "buses" be a problem to a nation? It is actually a blessing.
Entrepreneurship is the fastest and most effective way for nation development.

The millions of unemployed youths roaming the street are enough conductors. Infact Nigeria is in desperate need of more and more "buses" to pack up the millions of helpless conductors in her streets.
Right now the country is in severe shortage of "buses" to accommodate her massive population of conductors.

One of the major responsibilities of every successful nation is to create an enabling environment to encourage a lot more "buses" to be created yearly to pack up the population of conductors she turns out yearly.

5 Likes

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Moniya4Real(m): 5:08pm On May 24, 2023
Don’t mind them, it could have been done with the Click of a button


CaptainFM1:
Is it that difficult to list them in alphabetical order? Why do we always like to make our lives difficult like this in this country?
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Firstcitizen: 5:11pm On May 24, 2023
lonecatt:
seems like some people were opening microfinance banks as if they were opening email accounts grin

grin
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by isabi2lof: 5:11pm On May 24, 2023
In this same country na wa o shocked
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Jahwinaboy(m): 5:14pm On May 24, 2023
gassbee:
if lapo misbehave, dem go treat him fk up
grin
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by clockwisereport: 5:19pm On May 24, 2023
Slynation:
This banks has customers...?? Interesting...!!

Yes

They have customers who are mostly civil servants and old pensioners. Their interest rate is lower than that of commercial banks. They also give pensioners OD while the commercial banks do not.

Again, so many keke and okada riders you see on the road are beneficiaries of MFBs' hired purchase program

MFBs are life savers.

1 Like

Re: List Of 47 Microfinance Banks Licences Revoked By CBN by simfrost90210: 5:20pm On May 24, 2023
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by dododawa1: 5:27pm On May 24, 2023
EMEFELIE
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by realjoe: 5:32pm On May 24, 2023
drizslim:
No fair money , opay, palmpay here

Seems they bribed their way out

Opay and Palmpay are not Micro Finance Bank. They are called Mobile Money Operators
Re: List Of 47 Microfinance Banks Licences Revoked By CBN by Coleman7(m): 5:36pm On May 24, 2023
What of Nirsal MicroFinance Bank NMFB? most of covid 19 loans are yet to pay back.
Was looking for there name.... Kaiiii..
2nd Batch list fit come out

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