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The Bank of Ghana (BoG) has unveilled comprehensive reforms for the microfinance sector, imposing new minimum capital ...

In the third quarter of FY26, banks' microfinance portfolios shrank by 40%, marking the steepest decline among lenders, including NBFC-MFIs and small finance banks. Despite a 22% overall industry ...

LAPO Microfinance Bank has announced the launch of its N10 billion 5-year fixed-rate senior unsecured bond under the N30 billion Debt ...

The Chairman of FIT Group of Companies, Chief Loretta Aniagolu, has advocated for the establishment of more microfinance banks to deepen financial inclusion, aid development of real estate nationwide ...

Managing Director, IBILE Microfinance Bank, Adegboyega Kazeem, operates within the intersect of financial exclusion, environmental concerns, energy challenges and other socio-economic, political ...

Banks expected to increase funding to NBFC MFIs as govt expands guarantee cover while MSME scheme tweaks aim to support ...

Nigerian digital payments provider Moniepoint acquired a 78% stake in Sumac, a Kenyan microfinance bank, to build on an ...

Small loans, quick approvals and minimal paperwork make microfinance accessible, but the way these loans are structured and ...

Banks have turned cautious on microfinance after months of stress. The ₹20,000 crore guarantee seeks to de-risk lending and ...

Microfinance is a growing sector. According to the 2024 Microfinance Social Performance Report by BNP Paribas, 173 million borrowers worldwide benefited from these services as of 2023. Learn how ...

With 47% of Africa's population, and also standing as the continent's biggest oil exporter, Nigeria as a country should have nothing to do with poverty. In fact, she is supposed to be an El Dorado for ...