CBN revokes license of 42 microfinance banks [See list]

NEWS DIGEST – The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down.

See full list…..

Hedgeworth MFB, Utako, Abuja;

Future Growth MFB, Utako, Abuja;

Bagwai MFB, Bagwai LGA, Kano;

Ere City MFB, Oriade LGA, Osun State;

Cafon MFB, Garki II, Abuja;

Akcofed MFB, Uyo, Akwa-Ibom State;

Gufax MFB, Uyo, Akwa Ibom State, Partnership MFB, Onitsha, Anambra State;

ICB MFB, Ilah, Delta State;

Onima MFB, Ezinihite Mbaise LGA, Imo State;

Hometrust (NATIONS) MFB, Nkwere, Imo State.

Ringim MFB, Ringim, Jigawa State;

Bigthana MFB, Ali Akilu Road, Kaduna;

Rogo MFB, Rogo LGA, Kano State;

Makoda MFB, Makoda LGA, Kano;

Takai MFB, Takai LGA, Kano State;

Bebeji MFB, Bebeji L.G.A., Kano State;

Ajingi MFB, Ajingi LGA, Kano State;

Garko MFB, Garko, Kano;

Kangiwa MFB, Kangiwa LGA, Kebbi State;

Augie MFB, Augie LGA, Kebbi State;

Mopa MFB, and Mopa, Kogi State.

Solid Base MFB, Ijumu LGA, Kogi State;

Ultimate Benefit MFB, Lokoja, Kogi State;

Ovidi MFB, Okene, Kogi State;

Kirfi MFB, Kirfi LGA, Bauchi;

Credit Express MFB, Kakawa Street, Lagos;

King Solomon MFB, Western Avenue, Iponri, Lagos;

Riggs MFB, Victoria Island, Lagos; Billionaire Blue Bricks MFB, Ajah, Lagos;

Susu MFB, Yaba, Lagos;

Wealthstream MFB, Apapa, Lagos;

Aguda Titun MFB, Ogba, Lagos and Sapphire MFB, Uyo, Akwa Ibom State.

Metro MFB, Ogba, Ikeja, Lagos, Mountain Top MFB, Trade Fair Complex, Lagos;

Unyogba MFB, Ofu LGA, Kogi State; Wapo MFB, Okene, Kogi State;

Ibogun MFB, Ifo LGA, Ogun State;

Korede MFB, Igbotako, Ondo State;

Ahetou MFB, Ogba/Egbema/Ndoni LGA, Rivers State

Fufore MFB, Yola, Adamawa State.