MFBs

NGX CEO urges MFBs to leverage capital market for growth

CHIEF Executive Officer of Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka, has urged microfinance institutions to explore capital market solutions…

8 months ago

CBN to sanction MfBs over late, non-rendition of statutory monthly returns

THE Central Bank of Nigeria (CBN) has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory monthly returns…

1 year ago

Intervention funds: Bank customers, NANTS, others seek MFBs’ involvement

Miffed by the recent alleged abuses in the disbursement of poverty alleviation funds by the Ministry of Humanitarian Affairs, some…

1 year ago

Intervention funds: Bank customers, NANTS, others seek MFBs’ involvement

Miffed by the recent alleged abuses in the disbursement of poverty alleviation funds by the Ministry of Humanitarian Affairs, some…

1 year ago

Licence revocation: NAMB begins recapitalization appraisal of MFBs

Apparently disturbed by the revocation of 179 Microfinance Banks’ licences by the monetary authorities early last week and the negative…

2 years ago

NDIC assures speedy payment of claims to depositors of closed MFBs, PMBs

Following the revocation of licenses of 179 Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs) by the Central Bank…

2 years ago

MfBs better positioned for financial inclusion drive ― NAMB

The National Association of Microfinance Banks (NAMB), the umbrella body for all licensed Microfinance banks (MfBs) in the country, has…

2 years ago

CBN lists guidelines for disbursement of lower Naira denominations through MFBs

The  Central Bank of Nigeria (CBN) says all microfinance banks (MFBs) must have a composite risk rating (CRR) of above…

6 years ago

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