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 ...

Microfinance—which started as microcredit after independence—now covers a range of financial products and services, such as savings, credit, insurance, payments, and money transfers. The core, however ...

On the list of the 46 microfinance banks whose licences were revoked, Kano State accounted for the highest number with 13 banks, followed by Lagos with eight.The Central Bank of Nigeria (CBN) has ...

Get all latest & breaking news on Light Microfinance. Watch videos, top stories and articles on Light Microfinance at moneycontrol.com.

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 ...