Our first piece on this topic identified high cost of operation as one of the many challenges of the microfinance sector in Nigeria. This high cost is partly attributable to the high profile which some of the MFBs create for themselves. The impact of such high profile often reflected in the erosion
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp