30 results
- 13 Apr 2022
LAPO MFB’s Confirmation as one of Nigeria’s Top Employers
LAPO Microfinance Bank (MFB), the country’s largest microfinance bank is an ubiquitous presence across the country especially consistently accounting for over 20 percent of the MFB sector while…
- 28 Jan 2026
Kuda MFB Secures National Microfinance Banking Licence, Sets Stage for Nationwide Growth
Kuda Microfinance Bank (Kuda MFB) has received a license from the Central Bank of Nigeria (CBN) to operate as a National Microfinance Bank, which means that it can now have a physical presence across…
- 18 Mar 2026
Kuda MFB Increases Kuda for Her Business Grants to ₦10 Million
Kuda Microfinance Bank (Kuda MFB) has increased total grants on offer in the Kuda For Her Pitch Challenge to ₦10 million after receiving an overwhelming number of pitches from women entrepreneurs in…
- 21 Apr 2026
Ezekiel Sanni, SVP Moniepoint Extols the MFB’s Track Record as Unique Service Model Redefining Nigeria’s Agency Banking
Moniepoint Microfinance Bank (Moniepoint MFB) has reaffirmed its leadership in Nigeria’s agency banking space, positioning its track record and distinctive service model as a game-changer for the…
- 29 Sept 2013
NDIC to Prosecute Failed MFB Bosses
Nigerian Deposit Insurance Corporation (NDIC) has said chieftains of failed Micro Finance Banks (MFB) whose cases had been fully investigated and those found to have violated the existing policy…
- 12 Aug 2020
Liquidation of Fortis MFB Adhered to Guidelines- NDIC
Nigeria Deposit Insurance Corporation (NDIC) said it adhered to statutory guidelines on the resolution and liquidation of Fortis Microfinance Bank (MFB) and the protection of interest of depositors.…
- 2 Dec 2021
Mainstreet MFB Gets “BBB+” Rating
Mainstreet MFB Limited has been assigned a long-term rating of “BBB+” with a stable outlook for the year 2021/2022. A statement by DataPro, the technology-driven credit rating agency, explained that…
- 26 Jan 2025
Moniepoint MFB Says Rumours of N1.1Bn Theft by Hackers Malicious
Moneipoint has denied reports that Moniepoint MFB, its microfinance bank, was hacked and some N1.1 billion allegedly stolen. Moniepoint, in a blog post said that the report, which began on social…
- 3 Jan 2025
Bankit MFB Unveils Web Banking Platform
Bankit MFB, an emerging financial institution in the Nigerian financial sector, has unveiled its innovative web banking platform to provide customers with an additional digital channel to manage and…
- 5 May 2026
FirstCap Closes N4.46Bn LAPO MFB SPV Series 1 Bond, Deepens Access to Long Term Capital
FirstCap, an investment banking firm and subsidiary of FirstHoldCo Plc., has successfully closed the ₦4.46 billion Series 1 Bond Issuance by LAPO MFB SPV Plc, reinforcing its strong leadership in…
- 12 Mar 2026
#IWD2026: Kuda MFB Offers Millions In Grants To Women-Led Food And Hospitality Businesses
As part of its Kuda for Her campaign for this year’s Women’s Month, Kuda Microfinance Bank (MFB) is inviting Lagos-based women entrepreneurs in the food and hospitality sector to pitch their…
- 13 Oct 2016
EFInA Boosts Agency Banking with $100,015 Grant to FINCA MFB
In a bid to expand convenient, low cost and secure financial services to the unbanked women in South Eastern Nigeria, Enhancing Financial Innovation & Access (EFInA), a financial sector…
- 2 Apr 2024
Moniepoint MFB Unveils New Feature to Combat Fraud and Enhance Convenience
Moniepoint Microfinance Bank, Nigeria's definitive bank for small and medium-sized businesses, as well as their customers and employees has unveiled its new Unstructured Supplementary Service Data,…
- 17 Dec 2021
FairMoney MFB Reaffirms Commitment to Drive Financial Inclusion through Digital Banking
FairMoney Microfinance Bank, Nigeria’s leading digital bank, has reiterated its commitment to provide topnotch digital banking services that would drive financial inclusion for the mass Nigerian…
- 13 Aug 2016
Letshego MFB Unveils Brand, Key Target Sectors in Nigeria
In line with its mandate: to ensure simple, appropriate and affordable financial solutions across Africa, Letshego Holdings Limited, on Friday unveiled its rebranded business after acquiring 100%…
- 6 Nov 2024
Moniepoint MFB Appoints Bayo Olujobi as Chief Financial Officer
Moniepoint Microfinance Bank, recognized by the Financial Times as Africa's fastest-growing financial institution, has announced the appointment of Bayo Olujobi as its Chief Financial Officer (CFO)…
- 22 Apr 2024
Moniepoint MFB opens office in Lagos, pledges to do more for customers
In today’s fast paced financial services landscape, which has been defined by the ubiquity of digital and mobile banking tools, microfinance banks continue to play a crucial role in advancing…
- 25 Oct 2023
Moniepoint MFB Bags Rising Star Family Business Award
Dr Jumoke Oduwole, Special Adviser to the President on Presidential Enabling Business Environment Council (PEBEC) and Investment has revealed that there are approximately 23.8 million family…
- 4 Jul 2017
Citibank Grants N500m Loans to Accion MFB
Citibank has granted N500m loan to Accion Microfinance Bank as part of efforts to promote the development of the microfinance sector in Nigeria. Lola Oyeka, bank’s Country Public Affairs Officer for…
- 15 Jul 2021
LAPO MFB’s Solid Support for Nigerian Women and Widows
By Bola G Ajayi It’s no exaggeration to say that gender equity is inscribed in the very DNA of LAPO Microfinance Bank and the other components of the LAPO Group. The first beneficiaries of this…
- 31 Oct 2017
Letshego MFB Bags ‘Excellence in Microfinance Banking’ Award
By peter oluka Letshego MicrofinanceBank, a subsidiary of Letshego Holdings Limited has been honoured with the ‘Excellence in Microfinance Banking’ award at the New Age Banking Summit 2017 which was…
- 21 Feb 2025
Accion MfB Partners DBN to Promote Women-inclusive Financial Services
Accion Microfinance Bank has partnered with the Development Bank of Nigeria (DBN) to promote accessible and innovative financial solutions, with a special focus on empowering women entrepreneurs.…
- 19 Aug 2018
RenMoney MFB Repositions for Better Service Delivery
RenMoney Microfinance Bank, one of Nigeria’s leading consumer finance providers, has embarked on a programme of re-organization to position it for growth and sustained market leadership into the…
- 22 Sept 2024
Moniepoint MFB announces security feature to enhance customer protection and fraud prevention
Nigeria's definitive bank for small and medium-sized businesses, as well as their customers and employees, Moniepoint Microfinance Bank has made securing digital payments a top priority, implementing…
- 7 Apr 2021
DLM Capital Group to Tap into Nigerias Fintech Opportunity, Acquires MFB License
Nigeria leading developmental investment bank, DLM Capital Group, has today announced its plans to expand into Nigerias million-dollar fintech sector following its acquisition of Links Microfinance…
- 22 Nov 2021
FairMoney MFB Rallies Stakeholders to Investors Conference in Lagos
FairMoney Microfinance Bank, Nigeria’s leading digital bank, has rallied stakeholders in the financial sector to a one day investors conference aimed at discussing the financial technology landscape…
- 17 Feb 2019
Why NDIC Shut Down Fortis MFB
Nigeria Deposit Insurance Corporation (NDIC) has said that the liquidation of the Fortis Micro Finance Bank was the last option in the series of interventions taken by the supervisory authorities.…
- 15 Jul 2021
LAPO MFB: A commendable Half Year despite the Pandemic
By Paul K Adegboyega Undoubtedly, 2021 – the second year of the Covid-19 pandemic – has been another tough year for many Nigerians especially low-income earners who have limited access to financial…
- 5 Feb 2026
Incentives alone won’t win over Africa’s next billion fintech users — Kuda MFB MD
African fintechs hoping to sign up the continent’s next billion users will need to rethink the industry’s long-running growth playbook, according to Musty Mustapha, Managing Director of Kuda…
- 11 May 2009
Fortis MFB Alerts Customers with Clickatell SMS Receipts™
Clickatell, messaging provider for financial services, has been selected by Fortis Microfinance Bank to provide SMS Receipts™ to thousands of retail banking customers throughout Nigeria.…