MFB disburses N7.8bn loan to farmers, traders, others in Edo
The management of Fast Microfinance Bank Limited says it has so far disbursed N7,799,094,397 billion to customers, mainly farmers, traders...
The management of Fast Microfinance Bank Limited says it has so far disbursed N7,799,094,397 billion to customers, mainly farmers, traders...
The Nigeria Deposit Insurance Corporation (NDIC) said it has paid N1.084 billion to 29,573 depositors of the closed Microfinance Banks...
The Oyo State government has signed a memorandum of understanding (MOU) with seven microfinance banks for the disbursement of N500m...
While the wind of economic downtown has swept away some Microfinance Banks (MFBs) in the country, there are others that...
Mudashir Olaitan, a former director of the Central Bank of Nigeria (CBN), on Tuesday said Microfinance Banks in Nigeria disbursed...
In December 2020, the Nigeria Deposit Insurance Corporation announced the closure of forty-two (42) microfinance banks across the country. That...
LAPO Microfinance Bank Limited and Stallion Auto Keke Limited (SAKL) have signed a Memorandum of Understanding (MoU) that will enable...
In the first part of this piece, we argued that a strong repayment culture, which should be promoted by operators,...
To address the short-term liquidity challenges in the sub-sector, microfinance banks in Nigeria, in collaboration with Microfinance Development Company Limited...
Microfinance Banks have a strong role to play in the recovery of the Nigerian economy but needs the support of...