The Central Bank of Nigeria (CBN) has instructed microfinance banks operating in the rural areas not to exceed it’s credit facility to customers beyond N500,000. This...
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank has begun the disbursement of the Central Bank of Nigeria (CBN) N50 billion Targeted Credit...
Nigeria’s recession may have taken its tolls on Microfinance banks (MFB) as 68 per cent of the 406 licenced MFBs in the country are now exposed...
A man, Jude Atuanya, who allegedly defrauded a Lagos microfinance bank of N21million with others still at large, has been released on bail on the order...