MicroFinanceWorld


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    Mergers, Acquisition Likely in MFB Sector

    FOLLOWING the proposed increment in the capital base of Microfinance Banks (MFBs) by the Central Bank of Nigeria (CBN), likely mergers and acquisition may soon take place in the industry.

    CBN Warns Nigerians to Beware of Illegal Banks

    THE Central Bank of Nigeria (CBN) has warned Nigerians to beware of some illegal operators in the microfinance market.

    Accion MFB Unveils ‘Brighta Future’

    A Lagos-based microfinance institution, Accion MFB has unveiled a scheme known as ‘Brighta Future’ for the active poor Nigerians.

    ‘Management Capacity, Key to Survival of MFBs’

    IN order to survive the test of time, there is the need for microfinance institutions to put qualified people to man strategic positions in their respective banks.

    KSF MFB Promises Support for the Active Poor

    KING Solomon Microfinance Bank has renewed its commitment and support to the active poor who have good business initiatives, but lack the financial capacity to implement it.

    W/Bank Grooms Women Entrepreneurs in Niger Republic

    A World Bank-funded project that integrates both HIV education and microfinance initiatives has aimed to provide women in Niger with an opportunity to escape the world of prostitution and start new lives as entrepreneurs, which in turn may help reduce the risk of HIV transmission and poverty.

    N50bn Micro Credit Fund: Refusing to Fly

    The N50 billion Micro Credit Fund (MCF) was launched last year by the federal government through the Central Bank of Nigeria (CBN). A year after, ZAKA KHALIQ looks at the issues surrounding the ‘fund’ and concludes that this may be another dream project, if certain steps are not taken. 

    Experts Canvass Branding of SMEs

    TO make Nigerian Small and Medium Enterprises (SMEs) globally competitive, entrepreneurs and small scale business owners in the country have been advised to adequately brand their products and services, especially in this period of global recession.

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