CBN Partners Microfinance Banks to Promote Financial Inclusion
Adedapo Adesanya By Adedapo Adesanya The Central Bank of Nigeria (CBN) is utilising Microfinance Banks (MFBs) to enhance financial inclusion…
microfinance banks
CBN Bans Microfinance Banks from FX Transactions
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has banned microfinance banks operating in the country from…
Consolidation to Reduce Microfinance Banks in Nigeria by 44%—Agusto
Modupe Gbadeyanka By Modupe Gbadeyanka There are strong indications that the number of microfinance banks in Nigeria will reduce by…
DBN Advocates Sustainability Banking for Microfinance Banks
Dipo Olowookere As Nigeria and global communities continue to grapple with effects of climate depletion and economic uncertainties enforced by…
CBN Extends Deadline for Microfinance Banks Recapitalisation
By Adedapo Adesanya With deep consideration to the COVID-19 pandemic on economic activities, the Central Bank of Nigeria…
CBN Announces New Capital Base for Microfinance Banks
By Dipo Olowookere The Central Bank of Nigeria (CBN) has announced N5 billion as the minimum capital requirement…
Experts Urge Microfinance Banks to Embrace Tech to Boost Operations
By Modupe Gbadeyanka Microfinance institutions (MFIs) operating in Rwanda have been advised to embrace new-age technology to streamline…
CBN to Raise Capital Base of Microfinance Banks
By Modupe Gbadeyanka There are strong indications that Microfinance Banks (MfBs) operating in the country will have to…
CBN Unveils List of Authorised Microfinance Banks in Nigeria
By Dipo Olowookere The Central Bank of Nigeria (CBN), as part of efforts to ensure sanity in the…
BVN: CBN Extends Deadline for Microfinance Bank Customers
By Modupe Gbadeyanka Deadline for issuance of Bank Verification Number (BVN) to customers of micro-finance banks and other…