'Youth Microfinance' expanded from 30 billion to 300 billion... Interest support for residents outside the capital area strengthened
The scale of microfinance supply for the youth is set to be expanded from 30 billion to 300 billion won by 2028, with additional interest reductions for young self-employed individuals in non-capital areas.
Advans La Fayette MfB Reinforces Commitment to Women-Led Businesses at IWD 2026
Advans La Fayette MfB hosted a Business Clinic in Ibadan to support and empower women entrepreneurs during International Women’s Day 2026.
Cyberbullying: Moniepoint denies involvement in customer arrest
Moniepoint Microfinance Bank has refuted accusations of being involved in the arrest of a customer who criticized its services.
Nigeria: Exposing Fake Facebook Pages Posing As LAPO Bank and Offering Bogus Loans to Nigerians
A report reveals multiple fake Facebook accounts impersonating LAPO Microfinance Bank to scam Nigerians by offering non-existent loans.
Women lack access, not potential — Mayden MFB founder, Alakija
Foluke Alakija, founder of Mayden Bank, discusses her career journey and the importance of addressing women's access to banking services.
Four microfinance bank workers arraigned over N182.3m fraud
Four employees of Richway Microfinance Bank Limited have been charged with a total of N182.3 million fraud in Lagos, Nigeria.
Bangladesh: A Fake Economic Boom That Is Now Becoming a Problem
The article discusses the misleading portrayal of Bangladesh's economy by past authoritarian regimes and the potential consequences for the country and its current government.
Nigeria: As CBN Considers Capital Raise for MFBs, Operators Move to Strengthen Corporate Governance
The National Association of Microfinance Banks in Nigeria is focusing on enhancing corporate governance in anticipation of a potential increase in the minimum capital requirements by the Central Bank of Nigeria.
Kuda obtains microfinance licence, plans growth push
Kuda Microfinance Bank has received a national microfinance bank license from the Central Bank of Nigeria, enabling expansion of its operations across the country.
Customer sues bank over alleged unlawful account freeze
Abdulrahman Ekundayo has filed a lawsuit against Kuda Microfinance Bank in Lagos, alleging unlawful freezing of his corporate account.
Côte d'Ivoire: When Local Finance Replaces Banks in Tafiré
In Tafiré, Ivory Coast, local microfinance is providing access to credit for women and youth, significantly improving their businesses and livelihoods over the past decade.