NDIC is officially closing 42 MFBs whose operating licenses had earlier been revoked by CBN.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 the 2012 guidelines.
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 loan givers for small scale businesses.
The CBN has warned the Microfinance Banks (MfBs) operating in Nigeria against hawking and hoarding of lower currencies.
@cenbank has set new targets for Microfinance banks in order to accelerate its financial inclusion strategy.
Central Bank of Nigeria (CBN) has set a capital of N50 million for Tier 2 unit microfinance banks, while Tier 1 would maintain N200 million minimum capital.
Wthin twenty-four hours or even less, you can now get a loan from a Nigerian microfinance bank without even visiting their branch.
National Association of Microfinance Banks (NAMB), has called for full implementation of the National Microfinance Policy (NMP) in the application of intervention funds. NAMB made this...
In a recent discussion with journalists in Abuja, the President of the Micro Finance Bank Association and Chief executive of Hasal Micro finance bank, Mr. Rogers...