• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Here is a quick FYI on Lagos State’s new Ibile Microfinance bank

Onome Ohwovoriole by Onome Ohwovoriole
July 4, 2017
in Business News
Gov. Ambode Says Lagos Has Completed $840 Million Bond Restructuring

Gov. Akinwunmi Ambode of Lagos State

Share on FacebookShare on TwitterShare on Linkedin

RelatedStories

Lagos launches clean cookstove initiative with N10,000 monthly stipend 

Lagos launches clean cookstove initiative with N10,000 monthly stipend 

July 2, 2025

The 10 most indebted states in Nigeria as of December 2024

June 28, 2025

Lagos State launches microfinance bank Traders and other small-scale businesses, now have an additional source for getting finance, as the Lagos State government has launched its microfinance bank, Ibile Microfinance bank. The state commissioner of finance, Mr Akinyemi Ashade disclosed this recently.

Here are key nuggets about the bank:

  • The bank was licensed by the Central Bank of Nigeria (CBN) in January 2017.
  • The bank’s head office is located at No. 121 Obafemi Awolowo Way, ikeja.
  • Ibile Microfinance Bank is the main disbursement vehicle to the Lagos State Employment Trust Fund (LSETF)
  •  The bank will partner with the Central Bank o Nigeria (CBN) on its N200 billion MSME fund for onward lending to residents of the state.
  • The bank will also partner with the Bank of Industry (BOI) and other local and foreign bodies to increase access to finance and capital for Micro Small Medium Enterprises (MSMEs)
Tags: Ibile Microfinance BankLagos State
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

Lagos launches clean cookstove initiative with N10,000 monthly stipend 
Energy

Lagos launches clean cookstove initiative with N10,000 monthly stipend 

July 2, 2025
Economy

The 10 most indebted states in Nigeria as of December 2024

June 28, 2025
Lagos emerges the world’s fastest-growing tech city in 2025 
Sectors

Lagos emerges the world’s fastest-growing tech city in 2025 

May 22, 2025
Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Real Estate and Construction

Lagos state delivers 9,970 housing units in six years, targets more homes by 2026 

May 13, 2025
Lagos govt bans articulated trucks from Lekki-Epe corridor during peak hours starting August
Sectors

Lagos State creates 3,941 parking slots to ease traffic congestion 

April 26, 2025
Lagos says 50% discount on transport fares will end by Sunday
Sectors

Lagos state-owned buses move over 40,000 commuters daily – Commissioner 

April 22, 2025
Next Post
FYI: These are so far the 3 best (and worst) stocks in Nigeria in 2017

FYI: These are so far the 3 best (and worst) stocks in Nigeria in 2017

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 
  • EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 
  • FG adopts front-of-pack labelling to tackle diet-related diseases and cut NCD deaths

Follow us on social media:

Recent News

AfDB, AI

Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 

July 16, 2025
EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics