30 results
- 14 Apr 2009
Amfi Network Trains Bayelsa Micro Credit Agency
The Bayelsa state government has engaged the service of a U.K based consultant company, Amfi Network to give orientation to the staff of the state Micro Credit Agency, on how to…
- 7 Feb 2024
BoI, IFC Partner to Enhance Finance Accessibility, Export Credit
The Bank of Industry (BoI) and the International Finance Corporation (IFC) have partnered to enhance the accessibility of finance and export credit, contributing to the advancement of Nigeria’s…
- 1 Sept 2008
Oceanic Bank Partners Grameen Bank on Training
As part of strategies to strengthen its depth and skill in micro finance banking and poverty alleviation, Oceanic Bank International Plc is partnering with Grameen Bank of Bangladesh on the training…
- 7 Jul 2008
Progronics Unveils Symbols for Microfinance Banks
Leading Information and Communications Technology solution provider, Progenics, has extended its generic brand Symbols to the banking sector with the unveiling of Symbols Micro-finance banking…
- 9 Oct 2025
Fidelity Bank Set to Disburse NCGC N5bn Credit Guarantee Facility to Boost MSME Financing
Fidelity Bank Plc, tier one lender, has announced its readiness to begin the disbursement of funds under the National Credit Guarantee Company (NCGC) N5 billion Credit Intervention Scheme. The…
- 16 Jul 2017
BoI, MFBs Collaborate to Fund SMEs
Bank of Industry (BoI) is expanding its partnership with microfinance banks to increase access of small businesses to micro credit, according to Mr. Olukayode Pitan, managing director, BoI. Pitan…
- 24 Jun 2026
NCGC, SMEDAN Partner on MSME Financing Support
The National Credit Guarantee Company Limited (NCGC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a Memorandum of Understanding (MoU) aimed at supporting…
- 30 Nov 2009
Meet the Judges of The Entrepreneur TV
The Entrepreneur TV show is an uncommon TV show that offers ordinary Nigerian micro-entrepreneurs with brilliant ideas the opportunity to have access to micro-finance to start-up or aid their…
- 11 Sept 2015
Beware of “Wonder Banks”, CBN Warns
Central Bank of Nigeria (CBN), has warned Nigerians to be careful in transacting business with financial houses that promise them outrageous interest rates. Mallam Ibrahim Mu’azu, Director, Corporate…
- 29 Aug 2025
FirstBank’s ₦1 Trillion Digital Lending Milestone: A New Era of Inclusive Finance
For decades, Nigeria's credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals,…
- 8 Jun 2009
Alao-Akala Commends Intercontinental Bank
Intercontinental Bank Plc has been commended by Adebayo Alao-Akala, the executive governor of Oyo State, for celebrating her customers as kings at the grand finale of the bank’s months-long…
- 9 Nov 2025
FG Seeks Fresh $500m World Bank Loan for MSMEs
Federal government is seeking a fresh $500m loan from the World Bank to expand access to finance for micro, small, and medium enterprises (MSMEs) across the country. The proposed facility, titled…
- 14 Dec 2022
Bank of Industry, IFC Partner to Empower MSMEs
The International Finance Corporation (IFC) and the Bank of Industry (BoI) have partnered to strengthen trade and boost access to finance for micro, small and medium-sized enterprises (MSMEs) in…
- 26 Jun 2026
Fidelity Bank Wins DBN Award for Expanding First-Time Credit Access to MSMEs
Fidelity Bank Plc has won the Development Bank of Nigeria (DBN) Service Ambassadors Award for recording the highest impact in expanding access to formal credit for first-time Micro, Small and Medium…
- 18 Dec 2025
World Bank to Approve $500m Loan for Nigeria Today
The World Bank is set to approve a $500m loan to Nigeria on Friday (today) as part of efforts to expand access to finance for micro, small and medium enterprises across the country, according to…
- 16 Mar 2020
CRC Gets Recognition from UK Body
Policy Development Facility Phase II (PDFII), funded by the United Kingdom government, has recognised Nigeria’s Credit Bureau Limited (CRC) for ‘Outstanding Facilitation of Access to Finance’ in the…
- 28 Jan 2015
IFC Invests in Lafayette Microfinance Bank to Expand Access to Finance for SMEs
IFC, a member of the World Bank Group, yesterday announced a loan facility of 400million Nigerian naira approximately $2.5 million, to Lafayette Microfinance Bank. The financing will support…
- 21 Sept 2014
Microfinance Bank Partners Foundation on N220Bn MSME Fund
Ikam Imanyi, managing director, CAFON Micro Finance Bank, has said that the bank is to assist an initial 3,000 albinos across the country to access their share of the N220billion micro, small and…
- 20 Apr 2010
Understanding the Concept of Micro Insurance
The importance of micro insurance in bailing Nigerian out of its low insurance esteem cannot be over estimated. In recent times, the practice has been receiving tremendous support among operators.…
- 1 Jul 2017
Microfinance Banks Loans to MSMEs Hit N214Bn — CBN
Central Bank of Nigeria (CBN) on Friday said that total credit granted by Microfinance banks to Micro Small and Medium Enterprises (MSMEs) has hit N214.32 billion as at December 31, 2016. Mrs Tokunbo…
- 25 Mar 2025
Mastercard Announces Bold Investments to Propel Africa's Digital Payments Economy Towards $1.5 Trillion Goal by 2030
Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that the digital payments economy is expected to…
- 16 Jul 2014
FG Urges BoI to Increase Credit to MSMEs
Federal Government on Tuesday directed the newly inaugurated board of the Bank of Industry to increase its current credit portfolio to the Micro, Small and Medium Enterprises sector. Olusegun Aganga,…
- 20 Oct 2016
GITEX: SystemSpecs Releases Remita Mobile Version, Targets Expansion
SystemSpecs is to release the mobile version of Remita e-payment and e-collection platform before year-end, as it targets Pan-African expansion From their smart and feature phones, millions of…
- 13 Jun 2019
MPC Worries over Banks’ Bad Loans, Forex Exposure
Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) has expressed worry over the concentration and high non-performing loans (NPLs) in banks. The committee decried the persistent…
- 19 Oct 2017
BeepMAGNET Unveils Entrepreneurial Portal for Youths’ Empowerment
BeepMAGNET International Group has introduced two of its e-compliant entrepreneurship and empowerment innovation platform called the GoldClub 3.0 and the BMCoin. Unveiling this at a business…
- 28 Sept 2009
Access to Finance Requisite for Economic Growth - EFInA
Enhancing Financial Innovation and Access (EFInA) in its finding has submitted that given significant financial sector reforms and private sector innovations, access to finance is poised for growth…
- 4 Aug 2015
Electronics Provide Options to MDAs for Revenue Collections- Expert
The federal government of Nigeria does not need to worry with how to collect its various revenues, as several electronic platform options are available to all the ministries, departments and agencies…
- 28 Jan 2021
Ecobank Nigeria Earmarks N50Bn To Boost MSME’s
Patrick Akinwuntan, the managing director, Ecobank Nigeria, has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and…
- 28 Jun 2017
AfDB Seeks MSMEs Lending in Africa to be Increased to $135Bn
The African Development Bank (AfDB) has called on financial credit providers to increase lending to Micro, Small and Medium Enterprises (MSMEs) in Africa to 135 billion U.S. dollars. A statement…
- 1 Nov 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…