Microfinance Horizon

By Emma Ujah 13 December 2010 [Vanguardngr] The Nigeria Deposit Insurance Corporation , NDIC, has commenced the compilation of the list of Managing Directors and top management staff of the failed microfinance banks whose licences were recently withdrawn by the Central Bank of Nigeria, CBN, with a view to prosecuting them The licences of 224 [...]

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23 November 2010 [Syminvest] Barely one month after provisional licences were granted new investors in micro financing business, none of the licensees has actually commenced operations, as the challenges of the business environment and the experiences of the existing micro finance banks (MFBs) continue to haunt them. Investigations by the Nigerian Compass in Lagos and [...]

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