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Emefiele: CBN to Commence National MFB to Enhance SME, Agric Credit - THISDAYLIVEInvests N213 billion to support power Nume Ekeghe The Central Bank of Nigeria (CBN), in collaboration with the Bankers Committee and the Nigerian Postal Service (NIPOST), will set up a Micro Finance Bank (MFB) to enhance financial inclusion and credit to the agricultural sector as well as small and medium scale enterprises (SME). CBN Governor …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Emefiele: NIRSAL MFB to Provide Funding at 5% Interest to SMEs - THISDAYLIVE*Bank to spur competition, check abuses By James Emejo in Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that the NIRSAL Micro Finance Bank (NMFB) will provide loans to Small and Medium Enterprises (SMEs) at five per cent interest rate for about seven years tenor as well as …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
CBN's parallel National MfB against microfinance principles - Operators - Vanguard News NigeriaMICROFINANCE Bank, MfB, operators have condemned plans by Central Bank of Nigeria, CBN, to establish National Microfinance Bank, saying it is against one of the principles establishing the industry. Also, the operators challenged the CBN to make public, names of MfBs who secured the intervention funds and defaulted. Exchange raté of your Naira this week in paris . I love it shaaaa .
Source: vanguardngrnews - 🏆 5. / 75 Read more »
CBN Grants AMAC MFB Operating Licence - THISDAYLIVEOlawale Ajimotokan in Abuja The Central Bank of Nigeria (CBN) has given the Abuja Municipal Area Council (AMAC) a licence to operate a microfinance bank. The bank, which was commissioned last week by FCT Minister, Muhammed Musa Bello, would afford small scale business owners opportunity to access loans without collateral and with little or no …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
CBN’s National MfB will create credit arbitrage in the subsector - MD, Purple Money MfB - Vanguard News NigeriaFrom the positive point of view, I don’t expect much to happen until after the elections. It is also very important that the policy makers at that level realize that the country is a going concern, elections would come and go but the business would continue.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Baobab MFB Assures Of Commitment To Banking ServiceBaobab Microfinance Bank has stated its commitment to ensure safe and convenient banking to make business much more convenient, easy and safe for their customers. Speaking at MFB’s second customer forum held at the weekend, the managing director and chief executive of the company, Kazeem Olarenwaju said the bank believes that the growth of the […]
Source: LeadershipNGA - 🏆 4. / 77 Read more »