A Nigerian man has gone viral on social media after sharing a list of the microfinance banks whose licenses were reportedly ...
The revocation of the operating licenses of 13 microfinance banks in Kano has raised concerns among customers and small ...
The internal watchdog of the International Finance Corp. found that the lenders pressured borrowers to keep paying back loans ...
The Central Bank of Nigeria, CBN, has revoked the operating licences of 46 microfinance banks across the country for failing to meet regulatory requirements.
Tiny loans to poor people were seen as a path to prosperity, but they haven’t improved most borrowers’ economic situation.
The Central Bank of Nigeria revoked the operating licences of 46 microfinance banks after determining they no longer met regulatory requirement ...
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country, citing their failure to meet key regulatory requirements for continued operations. The apex ...
Crisil expects MFI AUM to rise 20% in FY27, supported by growth in gold loans, MSME lending and improving microfinance ...
Mumbai (Maharashtra) [India], July 1 (ANI): Microfinance institutions (MFIs) are expected to return to stronger growth this financial year, with their assets under management (AUM) projected to expand ...
Sycamore, a financial technology (fintech) company, says its operations remain fully active after the Central Bank of Nigeria (CBN) revoked the licence of a microfinance bank it acquired in Kano state ...
The growth is driven by non-microfinance products such as gold loans and MSME lending, even as the core microfinance ...