Licence revocation should be last resort, experts challenge bank examiners

AS the Central Bank of Nigeria (CBN) faces scrutiny over its recent revocation of operating licences of 46 microfinance banks, prominent economists and academics have urged regulators to treat licence revocation as a last resort, rather than a first response. They advocate for stronger early intervention, robust monitoring, and preventive supervision to safeguard financial inclusion […] The post Licence revocation should be last resort, experts challenge bank examiners appeared first on Tribune Online .

Source: nigerian-tribune

Country: Nigeria