https://www.wikiprocedure.com/index.php?action=history&feed=atom&title=Nigeria_-_Renewal_of_Microfinance_Bank_LicenseNigeria - Renewal of Microfinance Bank License - Revision history2026-07-10T02:32:28ZRevision history for this page on the wikiMediaWiki 1.40.1https://www.wikiprocedure.com/index.php?title=Nigeria_-_Renewal_of_Microfinance_Bank_License&diff=104224&oldid=prevWesley: Auto2025-05-01T10:09:48Z<p>Auto</p>
<p><b>New page</b></p><div>==Procedure==<br />
'''Apply In-Person:'''<br><br />
#To apply for renewal of a Microfinance Bank license in person, the applicant has to make an application to the Director of the Financial Policy and Regulation Department (FPRD) in the Central Bank of Nigeria.<br />
#The contact link of the Central Bank of Nigeria can be found below [https://www.cbn.gov.ng/Contacts/ contact link]<br />
#Visit the office of CBN with an application letter for the renewal of a Microfinance Bank licence.<br />
#The application should be addressed to the Director of Financial Policy and Regulation Department, Central Bank of Nigeria.<br />
#Also, make sure that you have attached all the documents listed in the “Required Documents” section of this page.<br />
#Then, submit it in person to the relevant authority at the office. Make the stipulated payment as directed by the officials.<br />
#After submission, the application and other documents will be forwarded for examination and verification processes.<br />
#Once the verification and validation processes are over, the application will be approved and the officials will proceed to take required steps for renewal of the license.<br />
#When the document is ready to be collected, the applicant will be notified by the office and the applicant can collect it by any applicable means.<br />
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==Required Documents==<br />
*Formal application letter<br />
*Proof of license utilization<br />
*Proof of Payment of up-to-date Annual Service and Processing Fees<br />
*Previously issued license<br />
*Current tax clearance certificate<br />
*Proof of processing fees payment<br />
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==Office Locations & Contacts==<br />
'''Central Bank of Nigeria - Head Office''',<br><br />
Plot 33, Abubakar Tafawa Balewa Way<br><br />
Central Business District,<br><br />
Cadastral Zone,<br><br />
Abuja, Federal Capital Territory,<br />
Nigeria<br><br />
P.M.B. 0187, Garki Abuja.<br><br />
Nigeria<br><br />
Phone: +234 700 225 5226<br><br />
Toll free line: +234 800 225 5226<br><br />
Email: contactcbn@cbn.gov.ng<br><br />
Website: [https://www.cbn.gov.ng/Contacts/ Link]<br><br />
<br><br />
==Eligibility==<br />
*Any Microfinance license holder in Nigeria, whose license is about to expire but he/she wants to extend the license period, can apply.<br />
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==Fees==<br />
Please approach the office for fees details.<br><br />
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==Validity==<br />
Explain the time until which the certificate/document is valid.<br />
e.g. Birth Certificate Valid Forever<br />
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==Documents to Use==<br />
Please attach documents that can be used by people. e.g. links<br />
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==Sample Documents==<br />
Please attach sample completed documents that would help other people.<br />
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==Processing Time==<br />
Please explain processing time taken in obtaining the document/certificate.<br />
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==Related Videos==<br />
Videos explaining the procedure or to fill the applications.<br />
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&><br />
from external websites.<br />
Please remove the '&' inside the tags during implementation.<br />
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,<br />
sevenload, viddler, vimeo, youku, youtube<br />
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.<br />
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.<br />
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==Instructions==<br />
*Applicants are advised to complete the application form neatly and completely with absolute legibility and appropriateness to avoid rejections.<br />
*Also, all the required documents must be furnished completely.<br />
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==Required Information==<br />
*Applicant particulars<br />
*Identification document number<br />
*Particulars of the company<br />
*Registration number<br />
*Company Incorporation details<br />
*Address and contact details<br />
*Payment receipt number (if any)<br />
*GSM telephone number<br />
*Email address<br />
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<br><br />
==Need for the Document==<br />
It is mandatory for an organization that holds a Microfinance Bank license obtained from the Central Bank of Nigeria, to renew the license every time its validity period expires.<br><br />
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==Information which might help==<br />
Enter other informations which might help.<br />
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==Other uses of the Document/Certificate==<br />
Please explain what are other uses of obtaining this document/certificate.<br />
e.g. Birth Certificate can be used as proof of identity.<br />
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==External Links==<br />
Place some external links which might help.<br />
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==Others==<br />
More information which might help people.<br />
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[[Category:Nigeria]]<br />
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