Tag: Microfinance banks
CBN to disburse lower currencies to microfinance banks
The Central Bank of Nigeria (CBN) says it has released guidelines for the disbursement of lower denominations of the Naira through microfinance banks (MFBs) across the country. The bank’s Director, Corporate Communications Department, Mr Isaac ...
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National Collateral Registry to boost lending to MSMEs by over N1.23trn – Emefiele
The Central Bank of Nigeria (CBN) said that the National Collateral Registry would increase lending by financial institutions to Medium, Small and Micro Enterprises to over N1.23 trillion. The CBN Governor, Mr Godwin Emefiele said ...
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