CBN has withdrawn the license of 132 Microfinance banks.
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Below are the list of banks;

1. ATLAS MICROFINANCE BANK
2. BLUEWHALES MICROFINANCE BANK
3. EVEREST MICROFINANCE BANK
4. IGANGAN MICROFINANCE BANK
5. MAINSAIL MICROFINANCE BANK
6. MERIT MICROFINANCE BANK
7. MINNA MICROFINANCE BANK
8. MUSHARAKA MICROFINANCE BANK
9. NOPOV MICROFINANCE BANK
10. OHON MICROFINANCE BANK
11. PREMIUM MICROFINANCE BANK
12. ROYAL MICROFINANCE BANK
13. STATESMAN MICROFINANCE BANK
14. SUISSE MICROFINANCE BANK
15. VIBRANT MICROFINANCE BANK
16. VIRTUE MICROFINANCE BANK
17. ZAMARE MICROFINANCE BANK
18. NORTH CAPITAL MICROFINANCE BANK
19. CHIDERA MICROFINANCE BANK
20. EXCELLENT MICROFINANCE BANK
21. NI’IMA MICROFINANCE BANK
22. COSMOPOLITAN MICROFINANCE BANK
23. PROGRESSIVE LINK MICROFINANCE BANK
24. TRUST ONE (FOMERLY DESMONARCHY)
25. EKUOMBE MICROFINANCE BANK
26. FIRST INDEX MICROFINANCE BANK
27. OLA MICROFINANCE BANK
28. ULI MICROFINANCE BANK
29. VERDANT MICROFINANCE BANK
30. AGULERI MICROFINANCE BANK LIMITED
31. APEKS MICROFINANCE BANK LIMITED
32. FAHIMTA MICROFINANCE BANK LIMITED
33. MANNY MICROFINANCE BANK LIMITED
34. REALITY MICROFINANCE BANK LIMITED
35. SURBPOLITAN MICROFINANCE BANK LIMITED
36. ONYX MICROFINANCE BANK LIMITED
37. OSINA MICROFINANCE BANK LIMITED
38. OLOFIN-OWENA MICROFINANCE BANK LIMITED
39. ZIKADO MICROFINANCE BANK LIMITED
40. PRUDENTIAL CO-OPERATIVE MICROFINANCE BANK
    LIMITED
41. PENIEL MICROFINANCE BANK LIMITED
42. TARABA MICROFINANCE BANK LIMITED
43. BRASS MICROFINANCE BANK LIMITED
44. MICHIKA MICROFINANCE BANK LIMITED
45. NDIAGU MICROFINANCE BANK LIMITED
46. NORTHBRIDGE MICROFINANCE BANK LIMITED
47. FCT MICROFINANCE BANK LIMITED
48. OMU-ARAN MICROFINANCE BANK LIMITED
49. CHERISH MICROFINANCE BANK LIMITED
50. BIPC MICROFINANCE BANK LIMITED
51. DANELS GLOBAL MICROFINANCE BANK LIMITED
52. BANCORP MICROFINANCE BANK LIMITED
53. MANNA MICROFINANCE BANK LIMITED
54. MONEYWISE MICROFINANCE BANK LIMITED
55. MERCURY MICROFINANCE BANK LIMITED
56. NEW AGE MICROFINANCE BANK LIMITED
57. PEARL MICROFINANCE BANK LIMITED
58. ZAWADI MICROFINANCE BANK LIMITED
59. SEED CAPITAL MICROFINANCE BANK LIMITED
60. EDUEK MICROFINANCE BANK LIMITED
61. EKSU MICROFINANCE BANK LIMITED
62. DAKINGARI MICROFINANCE BANK LIMITED
63. OGOJA MICROFINANCE BANK LIMITED
64. NWABOSI MICROFINANCE BANK LIMITED
65. NUTURE MICROFINANCE BANK LIMITED
66. ACTIVE POINT MICROFINANCE BANK LIMITED
67. AMOYE MICROFINANCE BANK LIMITED
68. BOLUWADURO MICROFINANCE BANK LIMITED
69. IYEDE MICROFINANCE BANK LIMITED
70. MAYFAIR MICROFINANCE BANK LIMITED
71. CALABAR MICROFINANCE BANK LIMITED
72. IGHOMO MICROFINANCE BANK LIMTED
73. HACKMAN MICROFINANCE BANK LIMITED
74. IDESE MICROFINANCE BANK LIMITED
75. BRIDGEWAY MICROFINANCE BANK LIMITED
76. GRASSROOT MICROFINANCE BANK LIMITED
77. SURELIFE MICROFINANCE BANK LIMITED
78. TIJARAH MICROFINANCE BANK LIMITED
79. IC-GLOBAL MICROFINANCE BANK LIMITED
80. EJIAMATU MICROFINANCE BANK LIMITED
81. BRIYTH COVENANT MICROFINANCE BANK LIMITED
82. NANKA MICROFINANCE BANK LIMITED
83. CUB MICROFINANCE BANK LIMITED
84. BFL MICROFINANCE BANK LIMITED
    85. UMUNNE MICROFINANCE BANK LIMITED
85. OROKE MICROFINANCE BANK
86. ALKALERI MICROFINANCE BANK LIMITED
87. CROWNED EAGLE MICROFINANCE BANK LIMITED
88. UNIFA MICROFINANCE BANK LIMITED
89. DADINKOWA MICROFINANCE BANK LIMITED
90. IFESOWAPO MICROFINANCE BANK LIMITED
91. OAF MICROFINANCE BANK LIMITED
92. BAMA MICROFINANCE BANK LIMITED
93. NGALA MICROFINANCE BANK LIMITED
94. IWOAMA MICROFINANCE BANK LIMITED
95. KADA MICROFINANCE BANK LIMITED
96. KEFFI MICROFINANCE BANK LIMITED
97. NUT-ENDWELL MICROFINANCE BANK LIMITED
98. FIRST MULTIPLE MICROFINANCE BANK LIMITED
99. SBDC MICROFINANCE BANK LIMITED
100. OROS CAPITAL MICROFINANCE BANK LIMITED
101. OZIZZA MICROFINANCE BANK LIMITED B 465
102. PRIMERA CREDIT MICROFINANCE BANK LIMITED
103. IFEANYICHUKWU MICROFINANCE BANK LIMITED
104. IHIOMA MICROFINANCE BANK LIMITED
105. JOSAD MICROFINANCE BANK LIMITED
106. AKPO MICROFINANCE BANK LIMITED
107. AIYEPE MICROFINANCE BANK LIMITED
108. ABC MICROFINANCE BANK LIMITED
109. STAR MICROFINANCE BANK LIMITED
110. PURPLE MONEY MICROFINANCE BANK LIMITED
111. UTUH MICROFINANCE BANK LIMITED
112. STALLION MICROFINANCE BANK LIMITED
113. KJL MICROFINANCE BANK LIMITED
114. CREDIT AFRIQUE MICROFINANCE BANK LIMITED
115. COWRIES MICROFINANCE BANK LIMITED
116. LAWEBOD MICROFINANCE BANK LIMITED
117. MABINAS MICROFINANCE BANK LIMITED
118. BUSINESS SUPPORT MICROFINANCE BANK LIMITED
119. OGBE-AHIARA MICROFINANCE BANK LIMITED
120. OLOFIN MICROFINANCE BANK LIMITED
121. OBOSI MICROFINANCE BANK LIMITED
122. FIYINFOLU MICROFINANCE BANK LIMITED
123. BISHOPGATE MICROFINANCE BANK LIMITED
124. AWKA MICROFINANCE BANK LIMITED
125. ZIGATE MICROFINANCE BANK LIMITED
126. ESAN MICROFINANCE BANK LIMITED
127. ENUGU-UKWU MICROFINANCE BANK LIMITED
128. ECHO MICROFINANCE BANK LIMITED
129. ALLY MICROFINANCE BANK LIMITED
130. NETWORK MICROFINANCE BANK LIMITED
     132 AWGBU MICROFINANCE BANK LIMITED

Please if you have any relative that is Banking with these institutions, please let them go and file for NDIC insurance payment.

Source: CBN Website.