In today’s rapidly evolving business landscape, Microfinance Banks (MFBs), Fintechs, and Other Financial Institutions (OFIs) face challenges that hinder their ...
At least five microfinance banks (MFBs) in Nigeria’s southeast were shut down in September 2023 due to insecurity in the ...
The Central Bank of Nigeria has mandated Microfinance banks, Primary Mortgage Banks (PMBs) and Development Financial Institutions (DFIs) to ensure ...
Loans by Microfinance banks surged to N1.12 trillion as of the end of June 2022, representing a 115.7% increase compared ...
The Central Bank of Nigeria has advised microfinance institutions against engaging in certain prohibited activities, including wholesale banking and foreign ...
The latest drop is the first slow down recorded this year and since we started tracking the data.
NDIC is officially closing 42 MFBs whose operating licenses had earlier been revoked by CBN.
CBN released an exposure draft guideline for the regulation and supervision of microfinance banks in Nigeria following a review of ...
Microfinance Banks have received new revised supervisory and regulatory guidelines from the Central Bank of Nigeria
@cenbank has issued a directive to the public to beware of people who send fraudulent messages under the guise of ...
