CBN Shuts Down 42 Microfinance Banks (See Names And Address)

The Central Bank of Nigeria (CBN) has announced the revoking of the operating licences of 42 microfinance banks in the country.

Naija News reports that this was made known on Friday in a statement titled ‘Notice of closure of 42 microfinance banks’, by the Nigeria Deposit Insurance Corporation (NDIC).

The statement read, “This is to inform the depositors, creditors, shareholders and the general public that the operating licences of the under listed 42 microfinance banks have been revoked by the Central Bank of Nigeria effective 12th November, 2020.

“The Nigeria Deposit Insurance Corporation, the official liquidator of the banks whose licences were recently revoked, is in the process of closing the listed banks and pay their insured depositors.

“We, therefore, request that all depositors of these banks should visit the closed banks’ addresses and meet NDIC officials for the verification of their claims, commencing from Monday, 21st December 2020 till Thursday, 24th December 2020.”

The NDIC listed the names and addresses of the affected MfBs.

S/N	BANK	ADDRESS
1	HEDGEWORTH MFB	GUOBA PLAZA SUITE B06, – 171, A.E. EKUKINAM STREET, BY CHISCO, UTAKO, ABUJA
2	FUTURE GROWTH MFB	REAL TOWER PLAZA, PLOT 1121 OBAFEMI AWOLOWO WAY, UTAKO, ABUJA
3	BAGWAI MFB	BAGWAI-SHANONO ROAD, BAGWAI LGA, KANO
4	ERE CITY MFB	ERE-IJESHA/IIIAHUN ROAD, ERE-IJESHA, ORIADE LGA, OSUN
5	CAFON MFB	GARKI POLICE BARRACKS, GARKII, FCT, ABUJA
6	AKCOFED MFB	EKIT ITAM II (BESIDE WATER BOARD), P. O. BOX 2048, UYO, AKWA-IBOM STATE
7	GUFAX MFB	N0. 3 UDOTUNG UBO STREET UYO, AKWA IBOM STATE
8	PARTNERSHIP MFB	107 UPPER IWEKA ROAD, ONITSHA, ANAMBRA STATE
9	ICB MFB	IIIAH-ASABA ROAD, OSHIMILI NORTH LGA, IIIAH, DELTA STATE
10	ONIMA MFB	NIPOST BUILDING, EKEOCHA ONICHA, EZINIHITTE MBAISE LGA, IMO STATE
11	HOMETRUST (NATIONS) MFB	76, ORLU ROAD, NKWERE, IMO STATE
12	RINGIM MFB	OPP. RINGIM CENTRAL MARKET, RINGIM, JIGAWA STATE
13	BIGTHANA MFB	6, ALI AKILU ROAD, KADUNA
14	ROGO MFB	ROGO TOWN, ROGO LGA, KANO STATE
15	MAKODA MFB	NO 15, KOGUNA TOWN, MAKODA LGA, KANO
16	TAKAI MFB	TAKAI TOWN, TAKAI LGA, KANO STATE
17	BEBEJI MFB	NO. 10 GIDAN IYAN, BEBEJI TOWN, BEBEJI L.G.A., KANO STATE
18	AJINGI MFB	NO. 10 HAKIMI STREET, AJINGI TOWN, AJINGI LGA, KANO STATE
19	GARKO MFB	3, GARKO TOWN, KANO
20	KANGIWA MFB	KANGIWA TOWN, KANGIWA LGA, KEBBI STATE
21	AUGIE MFB	AUGIE TOWN, AUGIE LGA, KEBBI STATE
22	MOPA MFB	SILAS BAMIDELE DANIYAN HOUSE, KABBA-ILORIN ROAD, MOPA, KOGI-STATE
23	SOLID BASE MFB	EKIRIN ADDE, IJUMU LGA, KOGI STATE
24	ULTIMATE BENEFIT MFB	150C, OKENE KABBA ROAD, LOKOJA, KOGI
25	OVIDI MFB	NO. 1, ATTA ROAD, OKENE, KOGI STATE
26	KIRFI MFB	KIRFI TOWN, KIRFI LGA, BAUCHI
27	CREDIT EXPRESS MFB	27, KAKAWA STREET, LAGOS
28	KING SOLOMON MFB	GOD BLESS NIGERIA HOUSE, 117/119, WETSERN AVENUE, IPONRI, LAGOS
29	RIGGS MFB	PLOT 5, IMAN ABIB ADETORO STREET, OFF AJOSE ADEOGUN STREET, V.I., LAGOS
30	BILLIONAIRE BLUE BRICKS MFB	APERIN HOUSE (2ND FLOOR) BLOCK I, PLOT 27, BUDO LAYOUT AJIWE, LEKKI EPE EXPRESSWAY, AJAH, LAGOS STATE
31	SUSU MFB	34, COMMERCIAL AVENUE SABO, YABA, LAGOS
32	WEALTHSTREAM MFB	AQUARIUS BLOCK, ELEGANZA PLAZA, GROUND FLOOR, LEFT WING 1 COMMERCIAL ROAD, APAPA, LAGOS
33	AGUDA TITUN MFB	21, SHONOLA STREET, AGUDA TITUN, OGBA, LAGOS
34	SAPPHIRE MFB	111, ABAK ROAD, UYO, AKWA IBOM STATE
35	METRO MFB	15, OTUNUBI STREET, OFF HARUNA, OGBA, IKEJA, LAGOS
36	MOUNTAIN TOP MFB	PROGRESS BLOCK, SHOP A102, AFRICAN TYRE VILLAGE, OPP. APT TRADE FAIR COMPLEX, LAGOS/BADAGRY EXPRESS WAY, LAGOS
37	UNYOGBA MFB	1, ALOMA ROAD, OPP. MKT. SQ., EJULE, OFU LGA, KOGI STATE
38	WAPO MFB	OKENE-LOKOJA ROAD, NAGAZI, ADAVI LGA, OKENE, KOGI STATE
39	IBOGUN MFB	IBOGUN EGBEDA, IFO LGA, OGUN STATE
40	KOREDE MFB	NO. 3, LUWOYE STREET, IGBOTAKO, ONDO STATE
41	AHETOU MFB	26, EREMA ROAD, BYEPASS, AKABUKA, OGBA/EGBEMA/NDONI LGA, RIVERS STATE
42	FUFORE MFB	NO. 25 GURIN ROAD, FUFORE LGA, ADAMAWA, YOLA STATE

source https://www.naijanews.com/2020/12/21/cbn-shuts-down-42-microfinance-banks-see-names-and-address/