Micro-finance Banks (MFBs)

The Nigeria Deposit Insurance Corporation (NDIC) said it had commenced payment to depositors of 154 Micro Finance Banks (MFBs) that the Central Bank of Nigeria (CBN) revoked their licences in 2018 due to insolvency. Alhaji Umaru Ibrahim,…

The Nigerian Guild of Editors (NGE) has advised Micro-finance Banks (MFBs) to concentrate on improving their communication strategy to have the biggest impact in achieving their mandate of lending to the poor. The President, NGE, Mrs…