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Micro Finance Banks

Ondo Govt partners MFBs on Job creation

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Ondo State Government, has entered into partnership with some micro finance banks with a view to creating jobs for the people of the state through loan facilities. Mr Robert Omogbeminiyi, the Chairman of the Ondo State Micro Credit Agency (OSMA), who made this known at a meeting with the National Association of Micro Finance Banks […]

Anxiety as CBN plans increased capital base for micro finance banks

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Emefiele

* Why we’re seeking stronger capital base for MFBs – Apex bank As part of efforts to further promote financial inclusion, while ensuring the financial system is robust, the Central Bank of Nigeria (CBN) is currently considering increasing capital base for Microfinance Banks (MFBs). Responding to questions posted on Wednesday during ‘CBN Tweet Meet 2018’ […]