By Adedapo Adesanya The Central Bank of Nigeria (CBN) is utilising Microfinance Banks (MFBs) to enhance financial inclusion and stimulate the growth of Micro, Small and...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has banned microfinance banks operating in the country from carrying out foreign exchange transactions. In a circular...
By Modupe Gbadeyanka There are strong indications that the number of microfinance banks in Nigeria will reduce by 44.4 per cent by the time the recapitalisation...
As Nigeria and global communities continue to grapple with effects of climate depletion and economic uncertainties enforced by the COVID-19 pandemic, Development Bank of Nigeria (DBN)...
By Adedapo Adesanya With deep consideration to the COVID-19 pandemic on economic activities, the Central Bank of Nigeria (CBN) has announced extending deadline for the recapitalisation...
By Dipo Olowookere The Central Bank of Nigeria (CBN) has announced N5 billion as the minimum capital requirement for national microfinance bank in the country. In...
By Modupe Gbadeyanka Microfinance institutions (MFIs) operating in Rwanda have been advised to embrace new-age technology to streamline their operations and to enhance their ability to...
By Modupe Gbadeyanka There are strong indications that Microfinance Banks (MfBs) operating in the country will have to increase their minimum capital requirement. A report by...
By Dipo Olowookere The Central Bank of Nigeria (CBN), as part of efforts to ensure sanity in the financial industry in the country, has released list...
By Modupe Gbadeyanka Deadline for issuance of Bank Verification Number (BVN) to customers of micro-finance banks and other financial institutions early fixed July 31, 2017, has...
