WIRE — The recent revocation of the operating licences of 46 microfinance banks by the Central Bank of Nigeria (CBN) has reinforced the need for stronger governance, prudent risk management and independent credit assessments to safeguard the stability of the country's microfinance banking industry, according to credit rating agency DataPro. The agency, while assessing the implications of... This article CBN's 46 MFB Licence Revocations Expose Need For Stronger Governance—DataPro was originally created by Converseer.

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